Question

1.The manager of a sporting goods store was given the following data regarding the sales made for the month of March. Product Price per unit ($) Items sold Snowboards 500 27 Skis 200 11 Rollerblades 230 30 Basketballs 50 53 What was the average price per unit sold in March? (per unit) 2. A footwear retailer sold 10 pairs of sneakers for $55 each, 11 pairs of leather shoes for $125 each, 4 pairs of boots for $190 each, and 7 pairs of sandals for $35 each. a. What is the weighted average price of the footwear sold? b. What is the simple arithmetic average? c. Which method is the most suitable for determining the average price of the footwear sold by the retailer? a. Weighted average b. Simple arithmetic average

          1.The manager of a sporting goods store was given the following
data regarding the sales made for the month of March.
Product
Price per unit ($)
Items sold
Snowboards
500
27
Skis
200
11
Rollerblades
230
30
Basketballs
50
53
What was the average price per unit sold in March?
(per unit)
2. A footwear retailer sold 10 pairs of sneakers for $55 each,
11 pairs of leather shoes for $125 each, 4 pairs of boots for $190
each, and 7 pairs of sandals for $35 each.
a. What is the weighted average price of
the footwear sold?
b. What is the simple arithmetic
average?
c. Which method is the most suitable for
determining the average price of the footwear sold by the
retailer?
a. Weighted average
b. Simple arithmetic average

Added by Jessica L.

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