Question

You spent these amounts on gasoline for the past four months: $67, $78, $53, $89.

What should you budget for gasoline this month?

Answer 1

The budget would be $71.25 but $72 if rounded because
If you add all the totals to get the total expense it would be $287 divided by 4 to get the average is 287/4= $71.25

Answer 2

$71.75

Rounded : $72

Explanation:

To budget for gasoline this month, you can calculate the average amount spent on gasoline over the past four months:

Average = (67 + 78 + 53 + 89) / 4 = amount you should budget (x)

Average = 287 / 4 = x

71.75 = x

(Answer Rounded if that’s what you need but you didn’t ask: $72)

Therefore, you should budget around $71.75 or $ 72 for gasoline this month, assuming your driving habits and gas prices remain relatively constant. However, keep in mind that unexpected changes in gas prices or driving habits may affect your actual spending.