Tony is a loan officer. He determines his clients' eligibility for loans and for good interest rates by using their credit scores. The scores of several clients are shown in the following table.

\begin{tabular}{|c|c|c|c|}
\hline Name & Experian & Equifax & TransUnion \\
\hline Neil & 726 & 752 & 822 \\
\hline Paula & 634 & 732 & 771 \\
\hline Jeff & 721 & 760 & 754 \\
\hline Peter & 666 & 716 & 707 \\
\hline
\end{tabular}

Help Tony evaluate his applicants based on their mean and median credit scores.

A. Jeff has the highest mean score, but Paula has the highest median score.
B. Neil has the highest mean score, but Jeff has the highest median score.
C. Neil has the highest mean score and the highest median score.
D. Paula has the highest mean score, but Jeff has the highest median score.



Answer :

To solve this problem, we need to determine both the mean and median credit scores for each client: Neil, Paula, Jeff, and Peter. Let's go step by step:

### Step 1: Calculate the Mean Scores
The mean score is calculated as the average of the scores from Experian, Equifax, and TransUnion for each person.

For Neil:
[tex]\[ \text{Mean} = \frac{726 + 752 + 822}{3} = \frac{2300}{3} = 766.67 \][/tex]

For Paula:
[tex]\[ \text{Mean} = \frac{634 + 732 + 771}{3} = \frac{2137}{3} \approx 712.33 \][/tex]

For Jeff:
[tex]\[ \text{Mean} = \frac{721 + 760 + 754}{3} = \frac{2235}{3} = 745.00 \][/tex]

For Peter:
[tex]\[ \text{Mean} = \frac{666 + 716 + 707}{3} = \frac{2089}{3} \approx 696.33 \][/tex]

### Step 2: Calculate the Median Scores
The median score is the middle value when the scores are arranged in ascending order for each person.

For Neil (scores: 726, 752, 822):
The median is 752.

For Paula (scores: 634, 732, 771):
The median is 732.

For Jeff (scores: 721, 754, 760):
The median is 754.

For Peter (scores: 666, 707, 716):
The median is 707.

### Step 3: Identify the Highest Mean and Median Scores
- Comparing the mean scores:
- Neil: 766.67
- Paula: 712.33
- Jeff: 745.00
- Peter: 696.33

Neil has the highest mean score with 766.67.

- Comparing the median scores:
- Neil: 752
- Paula: 732
- Jeff: 754
- Peter: 707

Jeff has the highest median score with 754.

### Step 4: Determine the Correct Option
Based on the findings:
- Neil has the highest mean score (766.67).
- Jeff has the highest median score (754).

Thus, the correct option is:
b. Neil has the highest mean score, but Jeff has the highest median score.