Question

Tony is a loan officer. He determines his clients’ eligibility for loans and for good interest rates by using their credit scores. The scores of several clients are shown in the following table.

Name
Experian
Equifax
TransUnion
Neil
726
752
822
Paula
634
732
771
Jeff
721
760
754
Peter
666
716
707

Help Tony evaluate his applicants based on their mean and median credit scores.
a.
Jeff has the highest mean score, but Paula has the highest median score.
b.
Neil has the highest mean score, but Jeff has the highest median score.
c.
Neil has the highest mean score and the highest median score.
d.
Paula has the highest mean score, but Jeff has the highest median score.

Answer 1

B.Neil has the highest mean score, but Jeff has the highest median score

Hope this helps!!!!!!!

Answer 2

Take note that:
Mean is the sum of the values divided by the number of values.
Median is the number in the middle when you arrange the numbers from smallest to biggest.

Neil: 726 752 822
Mean: (726 + 752 + 822) /3 = 766.7
Median: 752

Paula: 634 732 771
Mean: (634 + 752 + 822) /3 = 712.3
Median: 732

Jeff: 721 754 760
Mean: (721 + 754 + 760) /3 = 745.0
Median: 754

Peter: 666 707 716
Mean: (666 + 707 + 716) /3 = 696.3
Median: 707

Therefore, the true statement is letter b. Neil has the highest mean score but Jeff has the highest median score.