McGraw Hill Correct Mc tps://www-awh.connectmath.com/alekscgi/x/lsl.exe/1o u-lgN

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McGraw Hill Correct Mc tps://www-awh.connectmath.com/alekscgi/x/lsl.exe/1o u-lgNslkr7j8P3jH-1QucBg67JjQRho:9hcTVPOHqG1jlqacFtY-wDBbwH6lgMzyovgt Previous1 Next Question 4 of 4 (1 point) 3.1 Secson Exercbe 23 (calc) Find the weighted mean price of three models of automobiles sold. The mumber and price of ead model sold are shown in this list Round the answer to the nearest hundred dollars. Check Answe Model NumberPrice Show Exampl $23,000 $16,000 $18,000 15 Ask My Instruc 11 Download Data The mean is S Save for Lat Submit arch

Explanation / Answer

The mean is therefore the weighted price by number , therefore,

Mean = n1*p1+n2*p2+n3*p3 / n1+n2+n3
=(15*23000+6*16000+11*18000 )/ (15+6+11)
= $19,968.75

The mean is $19,968.75

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