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what is the mean in the following set of numbers: 100, 300, 500, 500, 6…

Question

what is the mean in the following set of numbers: 100, 300, 500, 500, 600? multiple choice 550 300 400 500 600

Explanation:

Step1: Calculate the sum of the numbers

$$100 + 300+500 + 500+600=2000$$

Step2: Calculate the number of elements

There are \(n = 5\) numbers.

Step3: Calculate the mean

The formula for the mean \(\bar{x}=\frac{\sum_{i = 1}^{n}x_{i}}{n}\). Substitute the sum (\(2000\)) and \(n = 5\) into the formula: \(\bar{x}=\frac{2000}{5}=400\)

Answer:

400