What is the arithmetic mean selling price

Reference no: EM13154494

The American Automobile Association checks the prices of gasoline before many holiday weekends during the May 2003 Memorial Day weekend in the Detroit, Michigan, area before many holiday weekends. Listed below are the self-service prices for a sample of 15 retail outlets during Labor Day weekend of 2007 in the detroit, michigan area.

3.44 3.42 3.35 3.39 3.49 3.49 3.41 3.46
3.41 3.49 3.45 3.48 3.39 3.46 3.44

What is the arithmetic mean selling price?
What is the median selling price?
What is the modal selling price?

Reference no: EM13154494

Questions Cloud

Find that the mean of the sample is thirty six hours : We select a random sample of college graduates employed full-time and find that the mean of the sample is 36 hours and that the standard deviation is 5 hours.

Fiduciary fund and permanent fund : What is the distinction, as drawn by the GASB, between a fiduciary fund and a permanent fund? How should governments report permanent fund and fiduciary fund balances and income in their government-wide statements?

Partnership basis in its assets : What are the partner's inital adjusted bases in their partnership interests? What is the PJD partnership's basis in its assets?

What would have been the effect on social welfare : Suppose that the authorities had effectively prohibited price-gouging and somehow managed to ensure that their action had no effect on the quantity of ice in the area. What would have been the effect on social welfare?

What is the arithmetic mean selling price : The self-service prices for a sample of 15 retail outlets during Labor Day weekend of 2007 in the detroit, michigan area. What is the arithmetic mean selling price?

Determining initial cost of project : A project produces cash inflows of $8,300 a year for 4 years. The PI is 1.08 at a discount rate of 12.5 percent. What is the initial cost of the project?

Partial bond amortization schedule for the bonds : Discount-mart issued ten thousand $1000 bonds on January 1, 2009. They have a ten-year term and pay interest semiannually. This is the partial bond amortization schedule for the bonds.

Find time the employer allow employees to finish the job : The time required to do the job is normally distributed and has a mean time of 28 minutes with a standard deviation of 5 minutes. How much time should the employer allow employees to finish the job?

What would be the net change in real gdp per person : while average labor productivity increases at the same rate as it did during 1960-2009. Under this scenario, what would be the net change in real GDP per person between 2009 and 2058?

User Account

All Pages