1. (6 points) The Royal Mail Company has determined through a cost accounting study that orders amounting to £2.50 or less are unprofitable to handle. In a year this firm handles 250,000 individual orders. An analysis of the amounts of last year’s orders indicates the following averages:
Mode - £1.98
Mean - £2.81
Median - £2.49
If this firm wishes to eliminate unprofitable orders, roughly how many orders will be eliminated?
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