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Why do I need to find Mean, Median, Mode, Range?

Author:
DavidK
Use what we have learned to practice finding the mean, median, mode, and range of the following data sets. We will be using GeoGebra to help us find these measures of center and spread. Does education level correlate with income?

Education levels and mean earnings in 2020

The following is an unevenly weighted sample of earnings in $1000 of dollars. All education levels {B,A,W,T,H}={50,79,69,63,45} Less than 9th grade {25,25,53,32,29} High School Graduate {36,31,46,43,37} Some College no degree {41,43,52,48,43} Associate Degree {46,46,53,51,45} Bachelor's Degree {64,78,80,76,60} Master's Degree {77,108,94,92,77} Profesional Degree {111,147,152,147,132} Doctorate Degree {129,148,137,137,99} Source: https://www.statista.com/statistics/184259/mean-earnings-by-educational-attainment-and-ethnic-group/

What is the mean income of the first data set? Include the unit of measurement.

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What is the median income of the first data set? Include unit of measurement.

What is the Mode income of the first data set? Include the unit of measurement.

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What is the range of income in the first data set? Include the unit of measurement.

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Find the mean, median, mode, range using GeoGebra commands of Less than High School Diploma {25,25,53,32,29}

What is the mode income of the second data set? Include unit of measurement.

Copy and paste a different data set into the following GeoGebra graphing calculator. Include the curly braces {} and please relabel the name to describe the set. Find the measures of center and spread.

Which measures of center and spread did you find in your chosen data set? Select all that you found.

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Does education level correlate with income? How?

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What does the range of incomes in an education level tell you?