Question

What's the weighted mean frequency for the following car sales? 2 sold at $25,090, 3 sold at $20,000, 1 sold at $21,475, and 1 sold at $39,638

Answer 1

Answer:

The value of weighted mean is $24470

Step-by-step explanation:

Weighted mean $\bar{x}$  is given by

$\bar{x} =\frac{w_1x_1+w_2x_2+w_3x_3+w_4x_4}{w_1+w_2+w_3+w_4}$

In the given question

$w_1=2 ,x_1= \ 25090$

$w_2=3 ,x_2= \ 20000$

$w_3=1 ,x_3= \ 21475$

$w_4=1 ,x_4= \ 39638$

Therefore

$\bar{x} =\ [\frac{2\times25090+3\times20000+1\times21475+1\times39638}{2+3+1+1}]$

=>$\bar{x} =\ 24470$

Thus the value of weighted mean is $24470

Answer 2

23,724 is the answere to your questing