1. **State the problem:** Find the median and mean of the data set: 7, 29, 48, 40, 2, 24. 2. **Median:** The median is the middle value when the data is ordered from least to greatest. 3. **Order the data:** 2, 7, 24, 29, 40, 48. 4. Since there are 6 numbers (an even count), the median is the average of the 3rd and 4th values. 5. Calculate median: $$\text{Median} = \frac{24 + 29}{2} = \frac{53}{2} = 26.5$$ 6. **Mean:** The mean is the sum of all values divided by the number of values. 7. Calculate sum: $$2 + 7 + 24 + 29 + 40 + 48 = 150$$ 8. Calculate mean: $$\text{Mean} = \frac{150}{6} = 25$$ **Final answers:** Median = 26.5, Mean = 25