Find expected purchase price per unit, Mathematics

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Find expected purchase price per unit

Reply the following question utilizing expected values. Keep in mind that expected value, average and mean are all same thing. Use the relationship:

Expected Value = P1V1 + P2V2

The department store finds twice as many customers purchase two units of $3.95 (for the pair) as purchase one unit for $2.15. Find expected purchase price per unit?

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Mathematics: Find expected purchase price per unit

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Mathematics: Find expected purchase price per unit

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Recent Questions Asked Mathematics

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Mathematics: Find expected purchase price per unit

Reference No:- TGS0856472

Recent Questions Asked Mathematics

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