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During fiscal year 1986, McDonnell Douglas Corporation was second only to Lockheed Missiles & Space Company in net value of U.S. Department of Defense prime contract awards over $25,000 for research, development, test, and evaluation. The work awarded to McDonnell Douglas was done in 20 locations, with a breakdown (millions of dollars) as follows:
a. Determine the mean, median, and mode for these data.
b. In this case, does the mode appear to be a good measure of the typical amount of work that was awarded to a McDonnell division during that year? Why or why not?
The National Center for Education Statistics reported that 47% of college students work to pay for tuition and living expenses. Assume that a sample of 450 college students was used in the study.
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