Question

A sample of 33 customers was taken at a local computer store the customers were asked the prices of the computers they had bought the data are summarized in the following table
Number of computers: 7, 11, 15
Price in dollars: 2050, 1600, 2150
Find the mean price for this sample round your answer to the nearest dollar

Answer 1

To find the mean price for this sample, we sum up all the prices and divide by the total number of customers:

(7 * 2050) + (11 * 1600) + (15 * 2150) = 18650 + 17600 + 32250 = 68500

33 customers in total

Mean price = 68500 / 33 ≈ 2075

So, the mean price for this sample is approximately $2075.