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6)Janel wants to sell her grandfather's antique 1932 Ford. She begins to set her price by looking at
ads and finds these prices: $24,600, $19,000, $33,000, $15,000, and 20,000. What is the mean
price?


Sagot :

Prices given by

  • 24,600
  • 19000
  • 33000
  • 15000
  • 20000

Mean:-

[tex]\\ \rm\Rrightarrow \dfrac{Sum\:of\:price}{Total\:prices}[/tex]

[tex]\\ \rm\Rrightarrow \dfrac{24600+19000+33000+15000+20000}{5}[/tex]

[tex]\\ \rm\Rrightarrow \dfrac{111600}{5}[/tex]

[tex]\\ \rm\Rrightarrow 22220\$[/tex]

mean price = $22320

mean is the average of a set of given numbers

set { $24,600, $19,000, $33,000, $15,000, $20,000 }

[tex]\sf m = \dfrac{\text{sum of the terms}}{\text{number of terms}}[/tex]

  • total 5 number of terms.
  • sum of terms: 24,600 + 19,000 + 33,000 + 15,000 + 20,000 = 111600

[tex]\hookrightarrow\sf mean = \dfrac{111600}{5}[/tex]

[tex]\sf \rightarrow mean = 22320[/tex]