Find the Median for the Given Sample Data $$\begin{array} { l l l l l l l } 17 & 22 & 39 & 58 & 67 & 69 & 85\end{array}$$

question 14

Multiple Choice

Find the median for the given sample data.
-The temperatures (in degrees Fahrenheit) in 7 different cities on New Year's Day are listed below. $$\begin{array} { l l l l l l l } 17 & 22 & 39 & 58 & 67 & 69 & 85\end{array}$$ Find the median temperature.

• A) 58°F
• B) 51°F
• C) 67°F
• D) 39°F

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Definitions:

Shortage

A scenario where the market demand for a service or product surpasses its available supply.

Surplus

An amount of something left over when requirements have been met; an excess of production or supply.

Price Ceiling

A maximum legal price that can be charged for a good or service, aimed at preventing prices from becoming too high.

Equilibrium Price

The market price at which the quantity of a good demanded equals the quantity supplied, leading to no excess supply or shortage.