Answer:
250 < x < 370
Explanation:
From the given bicycle prices, we first calculate the mean.
Mean = ⅛($350 + $450 + $180 + $200 + $290 + $325 + $240 + $445)
Mean = ⅛(2480)
Mean = $310
Next, is to determine the amount willing to pay using.
Amount = Mean ± Absolute Deviation
Amount = $310 ± $60
This can split as follows
Amount = $310 + $60 or Amount = $310 - $60
Amount = $370 or $250
Represent as an inequality, we have:
250 < x < 370