2
QuizMultiple Choice

Business Summary Statistics

Question 2 • FowU - Financial Math - B

Jerry 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 Jerry's winnings in the following table, describe what would happen to the mean and median of the data set if he were to get the Week 8 question right.Week 1Week 2Week 3Week 4Week 5Week 6Week 7$684$770$481$647$277$853$712a.The mean increases by $1,803, the median increases by $698.b.The mean decreases by $1,803, the median decreases by $698.c.The mean decreases by $1,171, the median decreases by $14.d.The mean increases by $1,171, the median increases by $14.

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