Question

Your 5 neighboring restaurants charge $9.95, $12.95, $8.50, $8.95, and $10.50 for a hamburger special. What is the mean price?

a) $8.59
b) $9.37
c) $9.95
d) $10.10

Answer 1

The mean price of the neighboring restaurants' hamburger special is $10.37.

Step-by-step explanation:

To find the mean price of the neighboring restaurants, we need to add up all the prices and then divide by the total number of restaurants. Let's calculate:

1. $9.95
2. $12.95
3. $8.50
4. $8.95
5. $10.50

Adding these prices gives us $51.85. Since there are 5 restaurants, we divide the total by 5: $51.85 ÷ 5 = $10.37.

So, the mean price of the hamburger special is $10.37. Therefore, the correct answer is (d) $10.10.