Answer:
Mean before the rent changes = $935.8
Mean after the rent changes = $970.8
Step-by-step explanation:
Mean = sum of all data values / number of data values in a given data set
✔️Data set consisting of the rents of 5 tenants: 879 , 920 , 940 , 950 , 990
Mean before the rent changes = (879 + 920 + 940 + 950 + 990)/5 = 4,679/5 = 935.8
Mean before the rent changes = $935.8
✔️If one of the tenants rent changes from $940 to $1,115, the new data set would be:
879 , 920 , 1,115 , 950 , 990
Mean after the rent changes = (879 + 920 + 1,115 + 950 + 990)/5 = 4,854/5 = 970.8
Mean after the rent changes = $970.8
