Find the Mean for the Given Sample Data

question 121

Multiple Choice

Find the mean for the given sample data. Unless otherwise specified, round your answer to one more decimal place than that used for the observations.
-The five sales people at Southwest Appliances earned commissions last year of $19,000, $23,000, $48,000, $14,000, and $24,000. Find the mean commission.

• A)$28,160
• B)$26,880
• C)$24,320
• D)$25,600

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Definitions:

ANOVA

Acronym for Analysis of Variance, a statistical technique used to compare the means of three or more samples.

5 × 4 Factorial ANOVA

A type of factorial analysis of variance that involves two independent variables with 5 levels for the first and 4 levels for the second, analyzing the effect of these variables on a dependent variable.

Subjects

Individuals or entities that participate in a research study.

4 × 3 Factorial ANOVA

A type of factorial ANOVA test with two independent variables, one at 4 levels and the other at 3 levels, to examine their effects on a dependent variable.