1.2 Average Pay An average is a single number used to represent a group of numbers. The most commonly used average is a simple average. A simple average.

Slides:



Advertisements
Similar presentations
 I = interest  P = principal  r = rate  t = time Simple Interest and Sequences Future Value of investment: S = P + I Ex. 1: $800 is invested for 5.
Advertisements

Wage Calculations.
Chapter 2. Multiplication Factor times Factor equals Product F x F = P 10 x 0.03 =.30 Division is the opposite process and can be used to check your answer.
First Category Second Category Third Category Fourth Category $100$200$300$100 $200 $300.
Pages Amy earned a grade of 83 and 94 on her two math tests. What must she earn on her third test to get A average Average = 90 # of tests.
Unit 1: Number Sense Minds On. Unit 1: Number Sense Review: Operations with Negative Numbers Learning Goals: I can add and subtract negative numbers I.
4-5 Find a Pattern in Sequences
Sequences. Sequence There are 2 types of SequencesArithmetic: You add a common difference each time. Geometric: Geometric: You multiply a common ratio.
Lesson #13- Translating Words into Math
SECTION 5-4 Simple Interest pp
SECTION 5-4 Simple Interest pp
0-12 Mean, Median, Mode, Range and Quartiles Objective: Calculate the measures of central tendency of a set of data.
1. Determine if the sequence could be arithmetic. If so, give the common difference. 100, 50, 25, 12.5,... Find the given term in each arithmetic sequence.
Simple Interest.
SECTION 5-4 Simple Interest pp
1.5 Divisibility Rules SRB pg 11..
PRE-ALGEBRA QUIZ 7B -APPLICATIONS OF PERCENT. Write 12.5% as a decimal..125.
Check it out! : Differences Between Populations and Samples.
Statement of Earnings pp SECTION. Click to edit Master text styles Second level Third level Fourth level Fifth level 2 SECTION Copyright.
Salary and Wages. Spending Money We looked at spending money at a store We had a budget that we were not supposed to go over Were we able to get Joey’s.
Chapter 1 Gross Pay.
1 Income Statement. 1.Buying a horse (for me!) 2.How much did I pay? 3.What do I have invested in it? 4.What to sell it for? Simple Transaction.
Two Step equations. Understand The Problem EX: Chris’s landscaping bill is 380$. The plants cost 212$,and the labor cost 48$ per hour. Total bill = plants.
Mean. Copyright © 2000 by Monica Yuskaitis Vocabulary Review Sum – the answer to an addition problem. Addend – the numbers you added together to get the.
WEIGHTED AVERAGE ALG114 Weighted Average: an average where every quantity is assigned a weight. Example: If a teacher thinks it’s more important, a final.
Wednesday, November 10 Objective: Students will identify solutions of inequalities and write inequalities. Today’s Agenda: 1.Practice 3-3 is due 2.Fill.
A sequence is a set of numbers in a specific order
6-3 Measures of Variation Warm Up Warm Up Lesson Presentation Lesson Presentation Problem of the Day Problem of the Day Lesson Quizzes Lesson Quizzes.
Mean, Median, and Mode Lesson 7-1. Mean The mean of a set of data is the average. Add up all of the data. Divide the sum by the number of data items you.
Simple and Compound Interest Unit 4 - Investing. Determining Simple Interest I = p * r * t Interest = Principle X Rate X Time ( in years)
1-7 Distributive Property. a(b+ c) = a(b) + a(c) a(b – c) = a(b) – a(c) Simplify each expression. 1.-(7 + x) 2.-(16a -7b)
Addition Property of Inequalities If the same number is added to each side of a true inequality, the resulting inequality is also true. For all numbers.
PSAT MATHEMATICS 9-E Averages. Average The average of n numbers is the sum of those numbers divided by n.
Lesson 1 – Simple and Compound Interest Learning Goal I can calculate simple and compound interest.
Applications of Percents 6-5 Warm Up Warm Up Lesson Presentation Lesson Presentation Problem of the Day Problem of the Day Lesson Quizzes Lesson Quizzes.
12.3 Geometric Series.
Tell whether the matrix is equal to the fundraiser matrix. Explain.
Simple and Compound Interest
COMPOUND INTEREST AND SIMPLE INTEREST TUTORIAL
Financial Applications -Compound Interest
Rental Math.
How You Earn 2 Ways To Earn Money With Our Company Product Sales
Simple Interest By: Ms. Naira.
When banks lend money, they charge interest, which is a fee for letting the borrower use the money.  Interest is usually expressed as a percent of the.
How much should I get for working??…
Adding Numbers in Scientific Notation
Identify the steps of Selling.
Divisibility Rules Divisible by: If: Example: 2
6.1 Solving Inequalities in one variable
SECTION 1-1 Hourly Pay pp
SECTION 1-5 Salary pp
Unit 4: Financial Applications MAP 4C
= Models, Equations, & Explanation
Forecasting Techniques
Objective: Learn to recognize and find terms in a geometric sequence.
Saturday, December 08, 2018 Decimals Division of decimals.
Agenda Warm-Up My favorite mistake Lesson 3 hw corrections
2-4 Explore Compound Interest
Day 86 – Introduce the power of interest
Lesson 7.8: Simple Interest
SECTION 1-7 pp Graduated Commission.
Unit #1: Earning Income.
Solving Multi-Step Equations
Warm-Up Please draw a dot over the number of siblings you have. For example: If you have 3 siblings, place a dot over 3.
Bell Ringer Week of January 21-24, Created by: Shavonne Burrows, EdS
What’s your nationality? Where are you from?
Wednesday, August 14, 2019 Decimals Division of decimals.
Topics for exam: Understanding independent vs. dependent variables
SECTION 1-7 Graduated Commission pp
Presentation transcript:

1.2 Average Pay An average is a single number used to represent a group of numbers. The most commonly used average is a simple average. A simple average is found by adding several numbers and dividing the sum by number of items added. A.k.a – MEAN

Averages in Grouped Data (Ex. 3), pg. 10 Problem: Every summer Ms. Barucky sells shells at the seashore. The first week she made $100, second week she made $125, the third & fourth week she made $75 each week. What was her average weekly earnings for the month?

Averages in Grouped Data (Ex. 3), pg. 10 Answer: 1 week @ 2 weeks @ Total earnings for the 4 weeks = Divide total earnings by the weeks worked