Ages of Senior Citizens
A sociologist recently conducted a survey of citizens over 65 years of age whose net worth is too high
to qualify for Medicaid and who have no private health insurance. The ages of 22 uninsured senior
citizens were as follows: 65, 66, 67, 68, 69, 70, 71, 73, 74, 75, 76, 77, 78, 79, 80, 81, 86, 87, 91, 92,
94, and 97.
30. {Ages of Senior Citizens Narrative} Calculate the mean age of the uninsured senior citizens
31. {Ages of Senior Citizens Narrative} Calculate the median age of the uninsured senior citizens.
ANS:
32. {Ages of Senior Citizens Narrative} Explain why there is no mode for this data set.
33. Suppose that a firm’s sales were $2,500,000 four years ago, and sales have grown annually by 25%,
15%, −5%, and 10% since that time. What was the geometric mean growth rate in sales over the past
four years?
34. Suppose that a firm’s sales were $3,750,000 five years ago and are $5,250,000 today. What was the
geometric mean growth rate in sales over the past five years?