CK-12-Basic Probability and Statistics Concepts - A Full Course

(Marvins-Underground-K-12) #1

5.1. Mean http://www.ck12.org


5.1 Mean


Here you’ll learn the definition of the mean of a set of numerical data and how to compute the mean of a given set
of data as it applies to real-world situations.


Your uncle is thinking of putting his house up for sale. He asks you to do some research to find out what prices
home sold for in his neighborhood. You find some recent sold prices of $350,000; $475,000; $468,000; $550,000;
$378,000 and $389,000. If his house is comparable to the others in the list, what might be a good listing price for
his house? What would you recommend to him? What other factors might you consider before giving him advice?


Watch This


First watch this video to learn about the mean.


MEDIA


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CK-12 Foundation: Chapter5MeanA


Then watch this video to see some examples.


MEDIA


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CK-12 Foundation: Chapter5MeanB


Watch this video for more help.


MEDIA


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Khan Academy Sample vs. Population Mean


Guidance


Now that you have had some fun discovering what you are finding when you are looking for the mean of a set of
data, it is time to actually calculate the mean of your handfuls of blocks.

Free download pdf