IDNLearn.com provides a seamless experience for finding the answers you need. Find reliable solutions to your questions quickly and easily with help from our experienced experts.

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]