In June, an investor purchased 400 shares of Oracle (an information technology company) stock at $65 per share. In August, she purchased an additional 330 shares at $90 per share. In November, she purchased an additional 330 shares at $80. What is the weighted mean price per share? Note: Round your answer to 2 decimal places. Weighted mean price $ 77.45 per share
In June, an investor purchased 400 shares of Oracle (an information technology company) stock at $65 per share. In August, she purchased an additional 330 shares at $90 per share. In November, she purchased an additional 330 shares at $80. What is the weighted mean price per share? Note: Round your answer to 2 decimal places. Weighted mean price $ 77.45 per share
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.2: Representing Data
Problem 22PFA
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Question
![In June, an investor purchased 400 shares of Oracle (an information technology company) stock at $65 per share. In August, she
purchased an additional 330 shares at $90 per share. In November, she purchased an additional 330 shares at $80. What is the
weighted mean price per share?
Note: Round your answer to 2 decimal places.
Weighted mean price
$
77.45 per share](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F36633357-7d9c-4401-a3e7-b320ffc69631%2F59b0b8c6-afc0-4fd6-9545-c7f85f46fda7%2Fv2q95f_processed.jpeg&w=3840&q=75)
Transcribed Image Text:In June, an investor purchased 400 shares of Oracle (an information technology company) stock at $65 per share. In August, she
purchased an additional 330 shares at $90 per share. In November, she purchased an additional 330 shares at $80. What is the
weighted mean price per share?
Note: Round your answer to 2 decimal places.
Weighted mean price
$
77.45 per share
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