Find the Mean for the Given Sample Data What Was the Mean Commission Earned? Round Your Answer to Otherwise

question 184

Multiple Choice

Find the mean for the given sample data. Unless indicated otherwise, round your answer to one more decimal place than is present in the original data values.
-The local Tupperware dealers earned these commissions last month: $$\begin{array} { l l l l l } \$ 3120.40 & \$ 2050.85 & \$ 4357.05 & \$ 4632.26 & \$ 3033.20 \\\$ 3150.18 & \$ 1772.68 & \$ 1586.15 & \$ 2269.53 & \$ 3692.16\end{array}$$ What was the mean commission earned? Round your answer to the nearest cent.

• A) $2966.45
• B) $3296.05
• C) $3708.06
• D) $2960.45

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Definitions:

Liability

A legal responsibility or obligation, often involving financial compensation, that arises from actions or agreements.

Payable to Cash

A term indicating that a check or draft is to be paid to the bearer or holder, making it easily transferable.

Negotiated

Refers to the process where parties discuss terms and come to a mutual agreement.

Order Paper

A financial instrument payable to a specific person or entity, thus requiring endorsement for transfer.