During the past six months, a purchasing agent placed the following three orders for coal:| Tons of Coal | Price per Ton ||--------------|---------------|| 1,200 | $28.50 || 3,000 | $87.25 || 500 | $88.00 |What is the weighted arithmetic mean price per ton?

According to the given information in this question We need to find weighted mean

Answered: During the past six months, a…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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During the past six months, a purchasing agent placed the following three orders for coal: Tons of Coal 1,200 3.000 500 Price per Ton $28.50 $87.25 $88.00 What is the weighted arithmetic mean price per ton?