Essay
Preston bought gasoline for his truck four times last month. He bought 74 litres at $1.25 per litre, 45 litres at $1.32 per litre, 88 litres at $1.28 per litre, and 20 litres at $1.39 per litre.
a. What simple average price per litre did Preston pay for gasoline last month?
b. What weighted average price per litre did Preston pay for gasoline last month? Round to the cent.
c. Which averaging method is the better reflection of Preston's gasoline cost last month? Why?
Correct Answer:
Verified
a) $1.31 b) $1.29 c)...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q51: Calculate the PST on a sweater costing
Q173: Round the following to four-figure accuracy: 11.3845
Q290: Kuldip invested $5,000 at 6%, $10,000 at
Q292: What are the taxes on a property
Q365: Evaluate the answer correct to the cent:
Q366: Jane took six courses last semester. Her
Q367: Evaluate 0.5 × 0.001 =<br>A) 0.0005<br>B) 0.005<br>C)
Q369: To attract shoppers, retailers occasionally advertise something
Q371: The following fraction has a terminating decimal
Q372: Evaluate <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4281/.jpg" alt="Evaluate A)