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Find the measures of central tendency (mean and median) for the two variables: Price and Odometer. Price Odometer Median 13572.5 39736 Mean 13547.46 46870.85 (i)

  1. Find the measures of central tendency (mean and median) for the two variables: "Price" and "Odometer".
Price Odometer
Median 13572.5 39736
Mean 13547.46 46870.85

(i) Discuss the shape of these two distributions. (ii) Which measure of central tendency is best to represent the "Price" data: the mean or the median? (Hint: Use 10% rule). Discuss your rationale for the choice. Use either chart or graph to show the distributions graphically. (iii) Which measure of central tendency is best to represent the "Odometer" data: the mean or the median? (Hint: Use 10% rule). Discuss your rationale for the choice.

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