Find the Mean for the Given Sample Data

question 114

Multiple Choice

Find the mean for the given sample data. Unless otherwise specified, round your answer to one more decimal place thanthat used for the observations.
-The grocery expenses for six families were $67.43, $69.68, $50.54, $58.42, $43.00, and $65.59. Compute the mean grocery bill. Round your answer to the nearest cent.

• A)$58.93
• B)$88.67
• C)$59.11
• D)$70.93

---

Definitions:

Joint Operation

A business activity in which two or more parties share control and management.

Current Liabilities

These are obligations or debts that are due within one fiscal year or the operating cycle, whichever is longer.

Long-Term Debt

Debt obligations that are due to be paid over a period of time longer than one year.

Common Shares

Shares of stock in a company that entitle the holder to dividends and voting rights in shareholder meetings.