Sales made last year by Lane's Appliance Store are listed below. The first number tells how many employees made the sales amount. Two sales employees earned in the range of $130,001-$150,000. Six sales employees earned in the range of $110,001-$130,000.Ten Sales employees earned in the range of $90,001-$110,000. Five sales employees earned in the range of $70,001-$90,000.Three sales employees earned in the range of $50,001-$70,000.

Calculate the mean, median and mode.
(a) mean: $99,231.27 ; median: $ 90,001-110,000 ; mode: $90,001- 110,000
(b) mean: $100,000.50 ; median: $90,001-110,000 ; mode: $ 90,001 - 110,000
(c) mean: $ 90,001-110,000 ; median: $90,001 - 110,000 ; mode: $99,231.27
(d) mean: $ 99,321.27 ; median: $ 99,321.27 ; mode: $ 90,001 - 110,000
(e) mean: $ 99,231.27 ; median: $ 99,231.27 ; mode: $ 90,001 - 110,000

How am i supposed to find the mean, median, mode using the list? I think i gotta put down $130,001, $110,001, $70,001,$50,001,$130,000,$150,000, $90,001,$110,000, $70,000, $90,000. And i gotta use that. Am i right or wrong? Am I on the right track?

Yes, you are on the right track! To calculate the mean, median, and mode, you need to organize the given sales amounts into a list and then perform the necessary calculations.

First, let's write down the sales amounts you mentioned: $130,001, $110,001, $70,001, $50,001, $130,000, $150,000, $90,001, $110,000, $70,000, $90,000.

To find the mean (average), you add up all the sales amounts and divide by the total number of employees. In this case, there are 2+6+10+5+3 = 26 sales employees.

Mean = (Sum of all sales amounts) / (Total number of employees)

Mean = ($130,001 + $110,001 + $70,001 + $50,001 + $130,000 + $150,000 + $90,001 + $110,000 + $70,000 + $90,000) / 26

Mean = $1,000,506 / 26

Mean ≈ $38,480.23

So, the mean (average) is approximately $38,480.23.

To find the median, you need to arrange the sales amounts in ascending order. Then, find the middle value. In this case, since there are 26 sales employees, the middle two values need to be averaged.

Median = ($90,000 + $90,001) / 2

Median = $180,001 / 2

Median ≈ $90,000.50

So, the median is approximately $90,000.50.

Lastly, to find the mode, you need to determine the value(s) that occur most frequently. From the given sales amounts, the range $90,001 - $110,000 occurs the most - 10 employees fall within this range.

So, the mode is $90,001 - $110,000.

Therefore, the correct answer is (a) mean: $99,231.27; median: $90,001-$110,000; mode: $90,001-$110,000.