Answer:
Today's mean price would be $2.34
Step-by-step explanation:
The price of a can of beans at five supermarkets was $2.12, $2.21, $2.09, $2.42 and $2.36 respectively.
today each supermarket raised its price by $0.10. so the new price will be
$2.12 + 0.10 = $2.22
$2.21 + 0.10 = $ 2.31
$2.09 + 0.10 = $2.19
$2.42 + 0.10 = $2.52
$2.36 + 0.10 = $2.46
To calculate today's mean price of a can of beans, we use this formula
[tex]Mean=\frac{\text{Sum of all the values}}{\text{Number of values}}[/tex]
[tex]\frac{(2.22+2.31+2.19+2.52+2.46)}{5}= \frac{11.7}{5}[/tex]
Today's mean price would be $2.34
