Question
Download Solution PDFComprehension
Study the table and answer the following questions:
Number of products sold by 5 companies during 5 months
|
Month |
Company |
||||
|
P |
Q |
R |
S |
T |
|
|
January |
130 |
80 |
155 |
85 |
75 |
|
February |
155 |
110 |
88 |
110 |
90 |
|
March |
180 |
130 |
115 |
100 |
120 |
|
April |
160 |
145 |
240 |
140 |
165 |
|
May |
140 |
120 |
130 |
100 |
165 |
What is the average number of products sold by company 'P', 'S' and 'T' in February ? (Approximate)
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
Products sold in February by
P = 155
S = 110
T = 90
Concept used:
Average = Sum of observation / Number of observations
Calculation:
Total = 155 + 110 + 90 = 355
Average = 355/3 = 118.3 = 118
∴ The average number of products sold by company 'P', 'S' and 'T' in February is 118.
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