Mr. Gomez is researching the price of a new car. He narrowed his search down to five car dealers. The price of the car at each dealer is listed in the chart shown. CAR PRICES Dealer Price (dollars) 1 23,000 2 23,750 3 24,350 4 22,650 5 23,900 Which measure provides information on how much the prices vary?
the range
the median
the mean
the mode
is it mode
1 answer
No, the mode does not provide information on how much the prices vary. The mode only tells us the most frequently occurring price among the dealers.