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Term 2 · Week 2 · Data and Descriptive Statistics

Basic problem

Basic

Well-milled rice sells for ₱52, ₱54, ₱50, ₱56 and ₱53 per kilo in five stalls. Find the mean price.

Show step-by-step solution

Answer: 53 ₱

  1. Sum: 52+54+50+56+53=26552+54+50+56+53 = 265.
  2. Mean =265÷5=53= 265 \div 5 = 53 pesos per kilo.

Budget of Work competencies

  • gm11.t2.w2.c3
    Identify the appropriate measure of central tendency and measures of variability of a given data set for different purposes.
  • gm11.t2.w2.c5
    Interpret the computed measures of central tendency and variability.

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