00:01
In this problem, we are given the price of stock during the 8 -day period and that includes the values which are 10, 6, 4, followed by 9, then we have 12, followed by 11, then we have 6 and 20.
00:23
And we are required to find out the mean median as well as the mode of this sample.
00:30
So here we first count and we see that the size of the sample that's 8 and to get the mean we will use this formula according to which we see that the mean value is obtained when we add the data values and divide this with the size of the sample and we see that this simplifies to to the number 9 .75.
00:52
And now to get the median, we will just arrange the sample in the increasing order.
00:56
So when we do that, we will get four appearing first, followed by the two, six, because they are greater than four.
01:05
Then we have the number nine, which is followed by 10...