What is the mean of the following numbers: 235, 218, 266.5, 298, 222, 246, 264, 255, 274, 261, 277, 214, 256, 239?

Prepare for the Statistics, Modeling and Finance Exam. Leverage flashcards and multiple choice questions with detailed explanations. Achieve exam success!

To find the mean of a set of numbers, you first sum all the numbers together and then divide that sum by the total quantity of numbers in the set.

For the numbers provided: 235, 218, 266.5, 298, 222, 246, 264, 255, 274, 261, 277, 214, 256, and 239, we start by adding them up:

235 + 218 + 266.5 + 298 + 222 + 246 + 264 + 255 + 274 + 261 + 277 + 214 + 256 + 239 = 3,466.5

Next, we count the numbers in the set. There are 14 numbers in total.

Now, we calculate the mean:

Mean = Total Sum / Number of Values = 3466.5 / 14 ≈ 247.61

It appears I made an arithmetic error during the summation process, given that the answer provided is 251.82. Let’s perform a careful calculation:

  1. Sum the numbers accurately:
  • Group them effectively or double-check the addition:

  • E.g., (235 +

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy