Find the mean for the given sample data.
-The total amount spent on advertising last year by 10 companies was $394.9 million. What was the average amount spent per company last year on advertising?
A) $28.30 million
B) $3.85 million
C) $39.49 million
D) $394.9 million

Question

Quizplus · Accepted Answer

The mean (average) amount spent per company is calculated by dividing the total amount spent by the number of companies. $394.9 million / 10 companies = $39.49 million per company.

Find the Mean for the Given Sample Data