Dory is looking for a classic 1967 firebird. she finds these prices on the internet: $18,000, $77,000, $22,000, $21,200, $19,000, $17,500, and $22,500. she computes the mean as $28,171.43. this number doesn’t seem to be a good representative of the data. how can she find a better representation?

There is an outlier, an outlier is when some information is extremely different than the rest of the data. In this case, $77,000 is the outlier. So, a better representation of the data would be the MEDIAN. Put the numbers in order from least to greatest and the middle number will be the answer.

$17,500, $18,000, $19,000, $21,200, $22,000 $22,500, $77,000. 
Then cross out one on each side from left to right until you get the median/middle number, which is $21,200. 

In financial aspects, a depression is a sustained, long haul downturn in monetary movement in one or more economies. it is a more extreme monetary downturn than a recession, which is a slowdown in financial action through the span of a typical business cycle. a depression is an irregular and extreme type of recession. so depression is always followed by recession but it is not correct to state that a depression always follow a recession.