What is the mean of the prices $8, $19, $7, $3, $3?

1 Answer
Jun 25, 2016

Mean of prices is #$8#.

Explanation:

The the mean of the prices #$8, $19, $7, $3, $3# is simple arithmetic average of these numbers i.e. dividing their sum by their number.

As their number is #5# and sum is #$40#.

Mean of prices is #$40/5=$8#.