Which measure of center is most appropriate, and what is
the value of the measure of center?
you are a sports agent's assistant. you are preparing a
report on contracts you have obtained for the agent's clients.
you recently negotiated the following annual contracts: $2.8
million, $18.9 million, $1.5 million, $1.2 million, $1.5 million,
and $3.5 million per year. the standard deviation of the data
is 6.3, and the range is 17.7.
median; $1.35 million
mode: $1.5 million
median; $2.15 million
mean; $4.9 million
mean; $5.58 million