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The company financial officer was interested in the average cost of PCs that had been purchased in the past six months. A random sample of the price of 10 computers was taken with the following results:
$3,250, $1,127, $2,995, $3,250, $3,445, $3,449, $1,482, $6,120, $3,009, $4,000
-What is the median?
Reasonable Price
A price that is fair and acceptable based on the context of the market, product, or service being provided.
Sheet Metal
A flat piece of metal formed into thin and flat pieces, used in building and manufacturing for various purposes.
Market Price
Market price is the current value at which a good, service, or asset can be bought or sold in a competitive marketplace.
Three Shares Of Stock
Small equity portions representing part ownership in a company, specifically quantified as three units of stock.
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