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Vesna [10]
3 years ago
7

The manager of a grocery store wants to determine the average amount of money spent at his store as it compares to the average d

ollar amount spent at his competitor's store. At the end of the day, he reviews the amounts of the last 15 grocery orders. The amounts rounded to the nearest dollar are:
41, 38, 19, 30, 21, 53, 34, 34, 37, 29, 50, 43, 57, 28, 50

He then visits the store of his competitor and surveys the first 15 people leaving the store with groceries. The amounts he records, also rounded to the nearest dollar, are:

86, 15, 75, 40, 51, 60, 27, 45, 112, 7, 65, 31, 18, 27, 69

What is the average amount of money spent at each store to the nearest cent?
For which store is the mean a better representation of the data? In two or more complete sentences, explain your answer.
Mathematics
1 answer:
oksian1 [2.3K]3 years ago
4 0

part a: $37.60

idk part b

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Elenna [48]
It could mean
1. simple interest
2. compound interest


1.simple interest
 so just 8% of that 700 is added on
find 8% of 700
8% of 700=0.08 times 700=0.56
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add
3.36+700=703.36

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700 times 1.08^6=700 times 1.08 times 1.08 times 1.08 times 1.08 times 1.08 times 1.08=1110.81


answers are
if simple interest=$703.36
if compound interst=$1110.81
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