Find the mean price of the distribution

Economics JAMB 2005

Find the mean price of the distribution

  • N54 checkmark
  • N51
  • N56
  • N59

The correct answer is: A

Explanation

m = sum of the terms
       number of terms

Mean = 40 + 48 + 55 + 60 + 70 = 273 = 54.6
                             5

 

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