7
QuizMultiple Choice

Business Summary Statistics

Question 7 • FowU - Financial Math - B

Terry has been a returning contestant on a game show for the last seven weeks. In a contestant's first seven appearances on the show they have a chance to answer one question and win anywhere between $200-$900. On their eighth appearance they get a chance to answer a question worth $10,000. Given Terry's winnings in the following table, describe what would happen to the mean and median of the data set if she were to get the Week 8 question right.Week 1Week 2Week 3Week 4Week 5Week 6Week 7$767$477$340$680$464$207$635a.The mean increases by $1,696.30, the median increases by $556.b.The mean increases by $1,696.30, the median increases by $79.c.The mean increases by $1,186.25, the median increases by $79.d.The mean increases by $1,186.25, the median increases by $556.

Answer
A
A
B
B
C
C
D
D
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Terry has been a returning contestant on a game…