Question

Find the mean for the amounts: $17,482: $14,987; $13,521: $14,550; $18,570; $14,981

Answer 1

We have the following data set

17482

14987

13521

14550

18570

14981

there are 6 values, so we can find the mean by adding them all and dividing by 6

$\operatorname{mean}=\frac{17482+14987+13521+14550+18570+14981}{6}=15681.83$

Then, the mean is $15,681.83