The Following Stem-And-Leaf Display Reports the Number of Boats Shipped

question 41

Essay

The following stem-and-leaf display reports the number of boats shipped per week by Ottertail Boats, Inc.
11| 1 5 9
12| 0 1 2 2 6 9
13| 0 1 2 3 4 5 5 7 8 8 9
14| 2 6 8
15| 0 1 2 4 5 7 8 9
16| 1 5 7 9
What is the median value?

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Definitions:

Sellers' Costs

The expenses incurred by sellers in producing or procuring goods for sale, including materials, labor, and overhead costs.

Supply Curve

A graphical representation showing the relationship between the price of a good and the quantity of that good that sellers are willing to supply.

Minimum Price

Is the lowest price at which a product or service can be sold, often set by law or regulation to protect producers or consumers.