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Advertising expenses are a significant component of the cost of goods sold. Listed below is a frequency distribution showing the advertising expenditures for 35 manufacturing

Advertising expenses are a significant component of the cost of goods sold. Listed below is a frequency distribution showing the advertising expenditures for 35 manufacturing companies. Estimate the mean, median, and standard deviation of advertising expense. (Round the final answers to 2 decimal places.)

Advertising Expenditure ($ millions) Number of companies
$15 to under $25 2
25 to under 35 8
35 to under 45 11
45 to under 55 9
55 to under 65 5
Total 35

Mean

Median

Standard deviation

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