The amount spent on textbooks for the fall term was recorded for a sample of five university students - $400, $350, $600, $525, and $450. Calculate the value of the sample median for the data.
A)$400
B)$600
C)$465
D)$450

Question

Quizplus · Accepted Answer

The median is the middle value when the data is arranged in ascending or descending order. Arranging the given data: $350, $400, $450, $525, $600. The middle value (median) is $450.

The Amount Spent on Textbooks for the Fall Term Was