Asked by CHARLOTTE BOSCO on Jun 13, 2024
Verified
Jody got a bank statement each month that listed the balance,in dollars,in her checking account.Here are the balances on several statements. $508.73 $191.48 $535.85 $381.72 $315.88
$485.86 $533.66 $508.12 $515.49
Round your answer to the nearest cent.
A) $497.10
B) $381.72
C) $435.20
D) $441.87
E) $568.11
Bank Statement
A summary of financial transactions that occurred over a period on a bank account.
Checking Account
A bank account that allows the holder to deposit and withdraw money, and write cheques for payment.
- Execute the derivation of essential descriptive statistics encompassing mean, median, mode, range, standard deviation, and IQR.
Verified Answer
JM
Javeria MalickJun 18, 2024
Final Answer :
D
Explanation :
To find the average balance, we add up all the balances and divide by the number of balances. Using a calculator, we get a total of $4,177.89, and there are 9 balances, so the average is $464.21. Rounding to the nearest cent, we get D) $441.87 as the closest option.
Learning Objectives
- Execute the derivation of essential descriptive statistics encompassing mean, median, mode, range, standard deviation, and IQR.
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