Listed below are selling prices (dollars) of TVs that are 60 inches or larger and rated as a "best buy" by a popular magazine. Are the resulting statistics representative of the population of all TVs that are 60 inches and larger? If you decide to buy one of these TVs, what statistic is most relevant, other than the measures of central tendency? 1250 , 1650 , 1450 , 1650 , 1000 , 1900 , 1650 , 1550 , 1900 , 1700 1650 , 1600

a. Find the mean.

The mean is $

nothing

.

(Type an integer or a decimal rounded to one decimal place asneeded.)

b. Find the median.

The median is $

nothing

.

(Type an integer or a decimal rounded to one decimal place asneeded.)

c. Find the mode.

Select the correct choice belowand, ifnecessary, fill in the answer box to complete your choice.

A.

Themode(s) is(are) $

nothing

.

(Type an integer or a decimal. Do not round. Use a comma to separate answers asneeded.)

B.

There is no mode.

d. Find the midrange.

The midrange is $

nothing

(Type an integer or a decimal rounded to one decimal place asneeded.)

e. Are the resulting statistics representative of the population of all TVs that are 60 inches andlarger? Choose the best answer below.

A.

Since the sample is random and the sample size is greater than10, the sample should not be considered to be representative of the population.

B.

Since the sample is random and the sample size is greater than10, the sample can be considered to be representative of the population.

C.

The sample consists of the"best buy"TVs, so it is not a random sample and is not likely to be representative of the population.

D.

The sample consists of the"best buy"TVs, so it is a random sample and is likely to be representative of the population.

If you decide to buy one of theseTVs, what statistic is mostrelevant, other than the measures of centraltendency? Choose the best answer below.

A.

The difference between the lowest price and the highest price is a relevant statistic for someone planning to buy one of the TVs.

B.

The price that occurs least frequently is a relevant statistic for someone planning to buy one of the TVs.

C.

The lowest price is a relevant statistic for someone planning to buy one of the TVs.

D.

The highest price is a relevant statistic for someone planning to buy one of the TVs.