Eight Health Maintenance Organizations (HMOs) Presented Group Health Insurance Plans

Eight health maintenance organizations (HMOs) presented group health insurance plans to a company. The monthly rates per employee were $410, $381, $391, $385, $413, $350, $390, and $416. Calculate the mean and the median monthly rates for these eight HMOs.

A) Mean: $390.5; median: $390.5
B) Mean: $390.5; median: $392
C) Mean: $392; median: $392
D) Mean: $392; median: $390.5
E) Mean: $784; median: $390.5

Correct Answer:

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