Question

The five restaurants in your town have monthly rent costs of: $6,350, $5,745, $11,870, $15,255, & $26,432. What is the mean monthly rental cost?

Answer 1

Answer:

$13,130.4

Explanation:

Mean is a measure of average. It is used to calculate the average of a given set of data.

Mean = Sum of Terms/Number of Terms

Monthly Mean Rental Cost = Total rental cost / Number of rents

= ($6,350 + $5,745 + $11,870 + $15,255, + $26,432)/5

= $65652/5

=$13,130.4

Answer 2

Answer:

The five restaurants in your town have monthly rent costs of: $6,350, $5,745, $11,870, $15,255, & $26,432. What is the mean monthly rental cost?

Mean = ∈fx/x

Mean= 6350+5745+11870+15255+26432/5

Mean= $13130.4

Explanation: