A university is carrying out a survey to study the number of hours students sleep at night during exam week. A sample of 20 stud
ents was drawn, and these responses were obtained: 6.5, 5, 6, 5.5, 7, 4, 4.5, 5, 6, 5.5, 4, 7.5, 6, 7, 8, 5, 6, 6.5, 6.5, 5. What is the sample mean of the data?
For this case we can solve the problem by applying the following rule of three: 16 ounces ----> 12 $ 1 ounces ------> x Clearing x we have: x = (1/16) * (12) x = 0.75 $ / ounce Answer: The price, in dollars, per ounce of confetti is: x = 0.75 $ / ounce