SOLUTION: You have just entered the real estate market in your area. The first eight homes you sold and their prices are given in the table below. Calculate the average selling price and the

Question 384377: You have just entered the real estate market in your area. The first eight homes you sold and their prices are given in the table below. Calculate the average selling price and the standard deviation.
Number of homes Selling Price
1 $340,000
2 $260,000
2 $280,000
3 $300,000
Answer by mtmorro(23) (Show Source): You can put this solution on YOUR website!
$340,000
$260,000
$280,000
$300,000
= 1,180,000.00 dived by 4 for the average average the selling amount. = $295,000.00 dollars is the average selling price.
you add up what ever amont is there here we have 4 selling price add all these up then divide by 4 for the average selling price.
Average for those 4 houses = $295,00.00
There was not 8 houses provided if there was add up all 8 then divide by the number you want to average them by 8.

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