Question

If you were given the data set $s $10, $10, $12, $13, $15, which measure of central

tendency (mean, median, or mode) would you use to show that the prices are low?
Explain your answer,

Answer 1

Answer: Mode

Explanation:

The given data set is: 10, 10, 12, 13, 15

Mean is the average - find the sum of the data set and divide by the number of terms in the set:
`(10+10+12+13+15)/(5) =(60)/(5)=12`

Mean = 12

Median is the middle term (when the data set is ordered from least to greatest).

Median = 12

Mode is the term that appears the most.

Mode = 10

Since you want to show that the prices are low, you would choose the lowest value. 10 is lower than 12, so the Mode is lower than either the Mean or the Median.