Each calculator sold for $12.67 . So 5 would be $63.35
3 to the 1st is 3
3 to the 2nd is 9
3 to the 3rd is 27
3 to the 4th is 81
3 to the 5th is 243
3 to the 6th is 729
Answer: 7.22
(note: this is a result after rounding. The result before rounding was 7.21875)
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Explanation:
Given Set of Values = {22, 16, 39, 35, 19, 34, 20, 26}
Add up the values: 22+16+39+35+19+34+20+26 = 211
Divide that sum by 8 as there are 8 values: 211/8 = 26.375
The mean is 26.375
Now subtract the mean from each data value. Apply the absolute value to ensure the difference is never negative
|22 - 26.375| = 4.375
|16 - 26.375| = 10.375
|39 - 26.375| = 12.625
|35 - 26.375| = 8.625
|19 - 26.375| = 7.375
|34 - 26.375| = 7.625
|20 - 26.375| = 6.375
|26 - 26.375| = 0.375
Add up those results
4.375+10.375+12.625+8.625+7.375+7.625+6.375+0.375 = 57.75
Then divide by 8
57.75/8 = 7.21875
The mean absolute deviation of the prices is 7.21875
Rounded to two decimal places, it is 7.22
Since we're talking about money, it makes sense to round to the nearest penny.
