Answer: herefore, the average cost of the items Roy bought is $14.07.
Step-by-step explanation:
To find the average cost of the items Roy bought, we need to add up the total cost of all his purchases and divide by the total number of purchases.
Strategy:
1. Add up the cost of all Roy's purchases.
2. Count the number of purchases.
3. Divide the total cost by the number of purchases to find the average cost.
Step-by-step explanation:
We will use this strategy because it is a straightforward way to find the average cost of multiple items. We will add up all the costs and divide by the number of purchases to get the average cost.
Calculations:
Total cost = (4 x $3.55) + $10.76 + $15.35 + $55.27 + $16.98
Total cost = $14.20 + $10.76 + $15.35 + $55.27 + $16.98
Total cost = $112.56
Number of purchases = 4 (coffee) + 2 (lunch) + 1 (groceries) + 1 (hardware store)
Number of purchases = 8
Average cost = Total cost / Number of purchases
Average cost = $112.56 / 8
Average cost = $14.07
Therefore, the average cost of the items Roy bought is $14.07.