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The amount spent on textbooks for the fall term was recorded for a sample of five university students - $400, $350, $600, $525, and $450. Calculate the value of the sample mean for the dataGroup of answer choices$600$450$465$400

Question

The amount spent on textbooks for the fall term was recorded for a sample of five university students - 400,400, 350, 600,600, 525, and 450.CalculatethevalueofthesamplemeanforthedataGroupofanswerchoices450. Calculate the value of the sample mean for the dataGroup of answer choices600450450465$400

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Solution

To calculate the sample mean, you need to add up all the values and then divide by the number of values.

Step 1: Add up all the values: 400+400 + 350 + 600+600 + 525 + 450=450 = 2325

Step 2: Divide the total by the number of values: 2325÷5=2325 ÷ 5 = 465

So, the sample mean of the data is $465.

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