Mastery challenge

Below are last week's revenues (in thousands of dollars) for six different Nancy's Noodles location

6.8

3.7

6.6

Find the median revenue.

thousand dollars

The complete question is;

Below are last week's revenues (in thousands of dollars) for six different Nancy's Noodles locations. 6, 6.8,3.7,8.1,6.6,7

Find the median revenue.

Answer:

Median = 6.7 thousand dollars

Step-by-step explanation:

From the question, the 6 revenues in thousands of dollars are;

6, 6.8, 3.7, 8.1, 6.6, 7

To find the median, we need to arrange the terms in ascending order.

Thus, we have;

3.7, 6, 6.6, 6.8, 7, 8.1

Since the number of terms are 6, then the median term is (6 + 1) / 2 = 7/2 = 3.5th term

To get the 3.5th term, we have to find the average of the 3rd and 4th terms in the series of revenue.

3rd term = 6.6 and 4th term = 6.8

Thus, median = (6.6 + 6.8) / 2

Median = 13.4/2

Median = 6.7 thousand dollars