a department store buys 300 shirts at a cost of $5,400 and sells them at a selling price of $20 each. Find the markup price
1 answer:
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Answer:
And we can calculate the deviations from each value like this:
And the mean absolute deviation would be:
Step-by-step explanation:
For this case we have the following dataset given:
101.5 98.7 95.4 92.3 109.8 104.7
We can calculate the mean with the following formula:
And replacing we got:
And we can calculate the deviations from each value like this:
And the mean absolute deviation would be: