Calculate:i. the arithmetic mean.
The variable cost per gift basket is $2, fixed cost are $5000 per month, and the selling price of a basket is $7. How many baskets must be produced and sold in a month to earn a pretax profit of $1000.
Assume that the number of work stoppages that occurred in theautomotive industry from 1985 to 1996 were as follows:18, 8, 14, 12, 20, 20, 10, 18, 14, 20, 16, 15.a. Given this hypothetical information, calculate:i. the arithmetic mean.