A group of 5 families at Baileys Middle School sold magazine subscriptions to raise money for the school. $6.00, $7.00, $4.00, $5.00, $3.00 What was the median amount of money raised?

The median amount of money raised is $5.00

Step-by-step explanation:

To find the median amount of money raised, we will follow the steps below:

First, arrange the data giving in ascending order. That is

$6.00, $7.00, $4.00, $5.00, $3.00

We will arrange it in ascending order, hence

$3.00, $4.00, $5.00,  $6.00, $7.00

The median is the middle number, we will now proceed to take the middle number.

The middle number is $5.00

Therefore, the median amount of money raised is $5.00

the 8 in 8,420 is in the thousands place so it's value is 8 thousand.

the 8 in 6,870 is in the hundreds place so it's value is 8 hundred.

divide 8000 by 800 to find the answer:

8000 / 800 = 10

the 8 in 8,420 is 10 times greater than the 8 in 6,870