Question

For a large sporting event the broadcasters sold 66 ad slots for a total revenue of ​$170 million. what was the mean price per ad​ slot?

Answer 1

The answer is $2,575,757

The mean is defined as the average, so you are looking for the average cost of the 66 ad slots. The correct way to calculate this is to divide $170 million by 66.

$170,000,000 / 66 = $2,575,757