Answer to Question #294026 in Statistics and Probability for miku

Question

If mean monthly expense for six different item is $442. the mean expense of five of them is 460.how much the value of sixth item

Answer 1

The total expense of the six items is $442\times6=2652$

The total expense of the five items is $460\times5=2300$

The difference of the total expense for six and five item is the value of the sixth item.

So,

the value of the sixth item is $2652-2300=352$.