Mean Median Mode and Range
 

Mean Median Mode and Range problem 6


The figure below shows the prices of a barrel of oil on the world market. Prices are in pounds.




  • Read the prices and write them in the spreadsheet. Calculate the average oil price from Jan. 12 to Jan.19.

  • Calculate the maximum price increase between consecutive days. Write it down as a percentage.

  • Calculate savings on purchase of 20,000 barrels of oil if purchase is made Jan. 12 instead of Jan. 14.


 

material editor: Azeez Adesina