Math Problem Statement
There are many cell phone case options on the market. This discretionary item comes in a variety of colors, materials, thicknesses, protection levels, and more. Amit runs a small business that sells computer and phone accessories. He has kept the following inventory of cell phone case sales for similar model phones: $19.99, $8.99, $35.99, $49.99, $49.99, $39.99, $99.99, $79.99, $35.99, $19.99, $49.99, $29.99, $49.99, $54.99, $35.99, $49.99, $19.99, $8.99, $29.99, $35.99 Using sigma notation calculate the mean cell phone case price. Round your answer to the nearest cent.
Solution
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Math Problem Analysis
Mathematical Concepts
Statistics
Mean
Sigma notation
Formulas
Mean formula: Mean = (1/n) * Σ(xi)
Theorems
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Suitable Grade Level
High School
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