he table shows the price paid per concert ticket on a popular online auction site. What was the average price paid per ticket? A) $43.30 B) $59.70 C) $65.20 D) $73.80 E) $62.90 P

Price Paid per Ticket

Price Frequency
$125 82
$100 98
$75 122
$50 168
$25 212

Respuesta :

Answer:

$62.90

Step-by-step explanation:

Answer:

The correct answer is option E.

Step-by-step explanation:

[tex]Average = \frac{\text{Sum of all values}}{\text{number of terms}}[/tex]

The average price paid per ticket = A

Sum of amount of tickets sold:

[tex]\$125\times 82+\$100\times 98+\$75\times 122+\$50\times 168+\$25\times 212[/tex]

Number of tickets sold=

= 82+98+122+168+212

[tex]A=\frac{\$125\times 82+\$100\times 98+\$75\times 122+\$50\times 168+\$25\times 212}{82+98+122+168+212}[/tex]

[tex]A=\$62.90[/tex]

Hence, the correct answer is option E.