The table shows the balance (in dollars) of a bank account each month for three months. What is the average balance of the account?
Table:
Month 1, account balance: $1285.12
Month 2, account balance: $961.36
Month 3, account balance: $1132.63
Making more points for u :3 FIRST TWO PEOPLE TO ANSWER WILL BE BRAINLIEST!!!
Answers
And the answer will be 2624.023
Hope this helps you now please mark this answer in brainliest
The average balance of the account is $1126.37.
Step-by-step explanation:
We are given the table shows the balance (in dollars) of a bank account each month for three months below;
Month 1, account balance: $1285.12
Month 2, account balance: $961.36
Month 3, account balance: $1132.63
As we know that the mean or average of any data is given by the following formula;
Mean, =
where, = Sum of all the observations in the data
n = number of observations in the data
So, according to question;
Average balance =
=
= $1126.37
Hence, the average balance of the account is $1126.37.