A community for students.
Here's the question you clicked on:
 0 viewing
streetthunder
 3 years ago
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
streetthunder
 3 years ago
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

This Question is Closed

jsallady
 3 years ago
Best ResponseYou've already chosen the best response.0I believe the point of this question is to find what the average bar should sell for. Then you would take the sum \[(\sum(price)*(sales))\div sales\] or (2.50*125) + (3.75*316) + ... + (5.10)*(128)  125+316+...+128

streetthunder
 3 years ago
Best ResponseYou've already chosen the best response.0how do i find the part where how much should the company sell its chocolate bars?
Ask your own question
Sign UpFind more explanations on OpenStudy
Your question is ready. Sign up for free to start getting answers.
spraguer
(Moderator)
5
→ View Detailed Profile
is replying to Can someone tell me what button the professor is hitting...
23
 Teamwork 19 Teammate
 Problem Solving 19 Hero
 Engagement 19 Mad Hatter
 You have blocked this person.
 ✔ You're a fan Checking fan status...
Thanks for being so helpful in mathematics. If you are getting quality help, make sure you spread the word about OpenStudy.