What is the average monthly income for these weekly incomes: $299.34, $203.49, $305.39, and $225.30?
This is all the question gives me. Please help.
$258.38
Thank you!
So ... "ale" ... do you know how AMK got that answer?
Add all of them together then divide by 4
Ale and AMK -- you're both wrong.
$258.38 is the average weekly income. But the question asks for the average MONTHLY income.
Multiply the average weekly income by 4.33 to find the average monthly income.
i have this same class and same question googled it this came up and answer is wrong sorry but this class is a little stupid
To find the average monthly income for these weekly incomes, first, you need to add up all the weekly incomes and then divide the sum by the number of weeks in a month. Let's calculate it step by step:
1. Add up the weekly incomes:
$299.34 + $203.49 + $305.39 + $225.30 = $1033.52
2. Determine the number of weeks in a month. This can vary depending on how you define a month. The most common approach is to consider a month as consisting of 4 weeks.
3. Divide the total weekly income by the number of weeks in a month:
$1033.52 / 4 = $258.38
Therefore, the average monthly income for these weekly incomes is $258.38.