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  • 1 month ago

    Mean => (15.50 + 14.00 + 14.50 + 15.00 + 16.00)/5

    i.e. 75.00/5 => £15.00

    Range => 16.00 - 14.00 = £2.00

    :)>

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  • vaklas
    Lv 4
    1 month ago

    The mean price is the average price. As there are 5 companies, the mean price is:

    (15.5 + 14 + 14.5 + 15 + 16) / 5 = 15 pounds

    The range of prices is the difference between the highest and the lowest price. Hence:

    16 - 14 = 2 pounds 

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  • david
    Lv 7
    1 month ago

    MEAN  =  average..  just app all and divide by 5

    range  --- lowest to highest values

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