Question

6)Janel wants to sell her grandfather's antique 1932 Ford. She begins to set her price by looking at

Answer 1

mean price = $22320

mean is the average of a set of given numbers

set { $24,600, $19,000, $33,000, $15,000, $20,000 }

$\sf m = \dfrac{\text{sum of the terms}}{\text{number of terms}}$

• total 5 number of terms.

• sum of terms: 24,600 + 19,000 + 33,000 + 15,000 + 20,000 = 111600

$\hookrightarrow\sf mean = \dfrac{111600}{5}$

$\sf \rightarrow mean = 22320$

Answer 2

Prices given by

• 24,600
• 19000
• 33000
• 15000
• 20000

Mean:-

$\\ \rm\Rrightarrow \dfrac{Sum\:of\:price}{Total\:prices}$

$\\ \rm\Rrightarrow \dfrac{24600+19000+33000+15000+20000}{5}$

$\\ \rm\Rrightarrow \dfrac{111600}{5}$

$\\ \rm\Rrightarrow 22220$