Open study

is now brainly

With Brainly you can:

  • Get homework help from millions of students and moderators
  • Learn how to solve problems with step-by-step explanations
  • Share your knowledge and earn points by helping other students
  • Learn anywhere, anytime with the Brainly app!

A community for students.

A company decided to sell chocolates bars at the value of the weighted mean of price. How do i calculate weighted mean of price using sales as the weight? For how much should the company sell its chocolate bar? for example Price Sales 2.50 125 3.75 316 4.25 471 5.10 128

Mathematics
See more answers at brainly.com
At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

Join Brainly to access

this expert answer

SIGN UP FOR FREE
total sales = 1040 the weight is the percentage of sales each price sells at, for example $2.50 weight is 125/1040 --> P = 2.5(125/1040) + 3.75(316/1040) + 4.25(471/1040)+5.10(128/1040)
so whats the weighted mean of price?
whatever that sum comes out to be...i indicated it with a P

Not the answer you are looking for?

Search for more explanations.

Ask your own question

Other answers:

oh thank you so much :)
quick question. for how much should the company sell its chocolate bars?

Not the answer you are looking for?

Search for more explanations.

Ask your own question