In June, an investor purchased 3000 shares of Oracle (an information technology company) stock at $53 per share. in august, she purchased an additional 400 shares at $42 per share. In November, she purchased an additional 400 shares at $45. What is the weighted mean price per share?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
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Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 30PPS
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In June, an investor purchased 3000 shares of Oracle (an information technology company) stock at $53 per share. in august, she purchased an additional 400 shares at $42 per share. In November, she purchased an additional 400 shares at $45. What is the weighted mean price per share?

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