Find the mean absolute deviation to the nearest cent. Explain what this value represents.
Accepted Solution
A:
Answer:134.38This value represents 134.38Step-by-step explanation:Find the mean.950+620+545+810+775+1120+905+775=65006500/8=812.5Subtract the mean of numbers.950-812.5=137.5812.5-620=192.5812.5-545=267.5812.5-810=2.5812.5-775=37.51120-812.5=307.5905-812.5=92.5812.5-775=37.5Find the mean.137.5+192.5+267.5+2.5+37.5+307.5+92.5+37.5=10751075/8≈134.38This means that 134.38 is $134.38