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Sagot :
Answer:
The average spent at his store is of $37.60.
The average spent at his competitor's store is of $48.53.
Step-by-step explanation:
Average of a data set:
The mean of a data set is the sum of all values divided by the number of values.
His store:
15 orders.
Prices of: 41, 38, 19, 30, 21, 53, 34, 34, 37, 29, 50, 43, 57, 28, 50
The average is:
[tex]M = \frac{41 + 38 + 19 + 30 + 21 + 53 + 34 + 34 + 37 + 29 + 50 + 43 + 57 + 28 + 50}{15} = 37.6[/tex]
The average spent at his store is of $37.60.
Store of the competitor:
15 orders
Prices of: 86, 15, 75, 40, 51, 60, 27, 45, 112, 7, 65, 31, 18, 27, 69
The average is:
[tex]M = \frac{86 + 15 + 75 + 40 + 51 + 60 + 27 + 45 + 112 + 7 + 65 + 31 + 18 + 27 + 69}{15} = 48.53[/tex]
The average spent at his competitor's store is of $48.53.
Answer:
a) Manager's store: mean = $37.60
Competitor's store: mean = $48.53
b) Manager's store has a mean that is a better representation of the data because the competitor's data has an outlier of $112.
Step-by-step explanation:
used this for my test and it was correct.
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