a car dealership recently sold 5 cars for the following profits 10,126 9,999 12,398 12,007 and 4,567. what is the mean
To find the mean profit of the 5 cars sold, you would first add up all the profits and then divide by the total number of cars sold.
Mean profit = (10,126 + 9,999 + 12,398 + 12,007 + 4,567) / 5
Mean profit = 49,097 / 5
Mean profit = 9,819.4
Therefore, the mean profit of the 5 cars sold is $9,819.4.