Determine the Median of a Variable from Raw Data
-The $$\begin{array} { l l l l l l l l l l l l } 102 & 56 & 25 & 9 & 9 & 56 & 165 & 88 & 122 & 150 & 91 & 114\end{array}$$

question 79

Short Answer

Determine the Median of a Variable from Raw Data
-The number of homework points earned by twelve students in a history class over one term are listed below. Find the mean and median number of points. Round the mean to the nearest whole number. Which measure of central tendency- the mean or the median- best represents the data Explain your reasoning. $$\begin{array} { l l l l l l l l l l l l } 102 & 56 & 25 & 9 & 9 & 56 & 165 & 88 & 122 & 150 & 91 & 114\end{array}$$

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Definitions:

Scale

The size, extent, or level of something, typically used in the context of production or operations to indicate magnitude or capacity.

Returns to Scale

A concept in economics that describes how the output of a firm changes as all its inputs are increased proportionally.

Short Run

A period in economics during which at least one factor of production is fixed, limiting the adjustment processes of the economy.

Production Function

A mathematical representation of the relationship between inputs used in production and the output generated.