Question

He table shows the price paid per concert ticket on a popular online auction site. What was the average price paid per ticket? A) $43.30 B) $59.70 C) $65.20 D) $73.80 E) $62.90 P
Price Paid per Ticket

Price Frequency
$125 82
$100 98
$75 122
$50 168
$25 212

Answer 1

Answer:

$62.90

Step-by-step explanation:

Answer 2

Answer:

The correct answer is option E.

Step-by-step explanation:

$Average = \frac{\text{Sum of all values}}{\text{number of terms}}$

The average price paid per ticket = A

Sum of amount of tickets sold:

$\ 125\times 82+\ 100\times 98+\ 75\times 122+\ 50\times 168+\ 25\times 212$

Number of tickets sold=

= 82+98+122+168+212

$A=\frac{\ 125\times 82+\ 100\times 98+\ 75\times 122+\ 50\times 168+\ 25\times 212}{82+98+122+168+212}$

$A=\ 62.90$

Hence, the correct answer is option E.