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An article claimed the state's typical price of a gallon of gasoline is $2.69. The prices from 5 gas stations surveyed were $2.79, $2.99, $2.69, $2.89, and $2.69.

According to this data, what is wrong with the article's statement?


Sagot :

The typical average price of gasoline should be $2.81 and not $2.69 because $2.69  is not the average of the sampled prices.

What is the mean of the sample?

We are given the prices of a gallon of gasoline from 5 gas stations surveyed as; $2.79, $2.99, $2.69, $2.89, and $2.69.

Thus, to calculate the mean, we will use the formula;

Mean = ∑x/n

Mean = (2.79 + 2.99 + 2.69 + 2.89 + 2.69)/5

Mean = 14.05/5

Mean = $2.81

Thus, the typical average price of gasoline should be $2.81 and not $2.69

Read more about average mean at; https://brainly.com/question/20118982

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