QUESTION IMAGE
Question
determine the sigma notation is and find the mean for problems 4-5. round to the nearest cent (2 decimal places).
- the soccer team can’t decide where to have their end of year party. they have been able to get prices from the
following places:
bowling alley- $150, taco cart- $315, hot dog guy- $200, pizza place- $125, applebee’s- $300
sigma notation: _________________________
mean: ______________
side business of completing yard work. you research lawn mowers online and at
Step1: Identify the data points
Let the prices be \( x_1 = 150 \), \( x_2 = 315 \), \( x_3 = 200 \), \( x_4 = 125 \), \( x_5 = 300 \). There are \( n = 5 \) data points.
Step2: Write sigma notation
The sigma notation for the sum of these prices is \( \sum_{i = 1}^{5} x_i \), where \( x_i \) represents the price of the \( i \)-th venue.
Step3: Calculate the sum
First, find the sum of the prices:
\[
\]
Step4: Calculate the mean
The mean \( \bar{x} \) is given by the formula \( \bar{x}=\frac{\sum_{i = 1}^{n} x_i}{n} \). Substituting \( \sum_{i = 1}^{5} x_i = 1090 \) and \( n = 5 \):
\[
\bar{x}=\frac{1090}{5}=218.00
\]
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Sigma notation: \( \boldsymbol{\sum_{i = 1}^{5} x_i} \) (where \( x_i \) is the price of the \( i \)-th venue)
Mean: \( \boldsymbol{218.00} \) dollars