Question

  1. What is the balance point for the data set ?

Ask by Mccoy Reeves. in the United States
Mar 28,2025

Upstudy AI Solution

Tutor-Verified Answer

Answer

The balance point is 6.

Solution

  1. Compute the sum of the data values:
  2. Count the number of data values:
  3. The balance point is the mean of the data set, so:
Thus, the balance point for the data set is .

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Extra Insights

To find the balance point, or the mean, of the data set , you sum the numbers: . Then, you divide by the count of numbers, which is . So, the balance point is . This is the point that would balance the weights of the numbers on a seesaw!
Understanding balance points is crucial in fields like statistics and economics, where making decisions based on data distributions can significantly affect strategies and outcomes. Think of it like finding the perfect price point in a marketplace; you want to find that sweet spot where most of your customers feel satisfied!

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