Question

sophie sold 8 old books in online auctions. the winning bids were: $2.00 $5.00 $5.00 $4.00 $8.00 $8.00 $3.00 $3.00 what was the mean winning bid? round your answer to the nearest whole number.

Explanation:

Step1: Find the sum of bids

$2 + 5+5 + 4+8+8+3+3=38$

Step2: Calculate the mean

The number of bids is $n = 8$. The mean $\bar{x}=\frac{38}{8}=4.75$

Step3: Round the result

Rounding $4.75$ to the nearest whole number gives $5$.

Answer:

$5$