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AssignmentMultiple Select

Job-Specific Math Skills

Question 1 • 2551VA Computer Applications I Sem A

Why would a store owner want to calculate a mean?

Answer
A
to determine the average number of items needed to be in stock on a given day
B
to determine the most common price used on the store’s items
C
to determine the highest priced item in the store at any given time

Explanation

The mean is the arithmetic average, found by adding values and dividing by how many values there are. A store owner could use the average number of items sold or needed each day to plan how much stock to keep. The most common price is the mode, and the highest price is the maximum, so choices B and C describe other measures.

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