Question

Kate is a professional musician. She wants to make an essential purchase of an upgraded used bass guitar for her work. She found the following prices for the same make and model bass guitar from various sellers:

$699, $599, $699, $680, $590, $720, $650, $800
a. What is the mean price? Round your answer to the nearest cent.

Answer 1

to find the average price, we add the prices, we divide the result by the number

average price :

(699+599+699+680+590+720+650+800)/8=5437/8=679.625=679.6

average price: $679.6