Find the Mean for the Given Sample Data $\begin{array} { l l l } 55 & 64 & 68 \end{array}$

question 58

Multiple Choice

Find the mean for the given sample data. Unless otherwise specified, round your answer to one more decimal place thanthat used for the observations.
-Last year, nine employees of an electronics company retired. Their ages at retirement are listed below. Find the mean retirement age.
$\begin{array} { l l l } 55 & 64 & 68 \end{array}$
$\begin{array} { l l l } 56 & 64 & 58 \end{array}$
$\begin{array} { l l l } 64 & 57 & 51 \end{array}$

• A)\(59 \mathrm { yr }\)
• B) \(59.7 \mathrm { yr }\)
• C) \(58.4 \mathrm { yr }\)
• D) \(58 \mathrm { yr }\)

---

Definitions:

Mail Surveys

A research method involving the distribution of questionnaires to a targeted group of respondents through postal mail to collect data or opinions.

Mechanical Observations

The systematic recording of behaviors or processes using mechanical devices rather than human observation, often used in market research.

Idea Generation

The stage of the new-product development process that develops a pool of concepts to serve as candidates for new products, building upon the previous stage’s results.

Trend Hunting

The process of identifying and analyzing new trends in consumer behavior, technology, and culture to anticipate market changes.