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Calculations and Applications
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Do calculations on scrap paper as needed. Worked-out solutions are provided at end.
  1. Sales at Regan Realty totaled six homes for the week. They were as follows: $175,000; $180,000; $150,000; $190,000; $160,000; $90,000. Calculate the (a) mean and (b) median.
  2. Computer Village counted the number of customers entering the store for a week. The results were: 1,095; 860; 1,095; 1,111; 865; 888; 1,000. What is the mode?
  3. This semester, Dawn Pisai took four 3-credit courses at El Camino College. She received A's in Accounting and Business Math and B's in Logic and Psychology. What is her cumulative grade point average (assume A = 4, B = 3) to the nearest tenth?
  4. Jim's cleaners reported the following sales for the first 10 days of July:

    $800$900
    $400$600
    $500$100
    $800$200
    $900$300
    Prepare a frequency distribution.

  5. Irwin/McGraw-Hill Publishing produced the following numbers of bound Business Math books during the first five weeks of last year:

    WeekBound books
    15,000
    22,000
    33,000
    44,000
    51,000
    Prepare a bar graph.

  6. Kelly Industries reported record profits of 20%. It stated in the report that sales costs were 50% and expenses were 30%. Prepare a pie graph for Kelly.
  7. Today, a new Ford Explorer costs $37,000. In 1991, the Explorer cost $18,700. What is the price relative to the nearest tenth percent?
  8. Calculate the standard deviation of the following data (to nearest hundredth):
    2    3    7    13    15

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