The retail price of fresh and whole milk (in dollars) per gallon in the United from 2006 to 2014 is the following. \( 3,3.9,3.7,3.1,3.3,3.6,3.6,3.5,3.8 \) Median : Mode : Range :
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The median price of the milk data is \(3.5\) dollars, as it is the middle value when the prices are arranged in order: \(3.1, 3.3, 3.3, 3.5, 3.6, 3.6, 3.7, 3.8, 3.9\). This means that half the prices are below this value and half are above. The mode is \(3.3\) and \(3.6\) dollars because both prices appear twice in the data set, making them the most frequently occurring values. The range, calculated by subtracting the smallest value from the largest, is \(3.9 - 3.1 = 0.8\) dollars. This shows the price fluctuation over the years!
