Question

Find the arithmetic mean of the sales per day in a fair price shop in week $10000,$10250, $10790$,9865,$.15350, $.10110

Answer 1

11060.833 I.e. approximately 11061 dollar

Answer 2

Answer:

$11060.83.

Step-by-step explanation:

Given : $10000,$10250, $10790,$9865,$15350,$10110

To find: Mean

Solution:

$Mean = \frac{\text{Sum of all observations}}{\text{Total no. of observations}}$

Observations: 10000,10250, 10790,9865,15350,10110

$Mean = \frac{10000+10250+10790+9865+15350+10110}{6}$

$Mean = \frac{66365}{6}$

$Mean =11060.83$

Hence the mean of the given data is $11060.83.