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Answer :
To analyze Maria's expenses over the course of 10 days, we can calculate several statistics like the total expenses, average (mean) expense, and the range of expenses. These statistics can help Maria understand her spending pattern.
Total Expenses:
Add all the daily expenses together to find out how much Maria spent in total over the 10-day period.[tex]\text{Total Expenses} = 100 + 90 + 125 + 140 + 130 + 100 + 125 + 125 + 100 + 90 = 1125[/tex]
Maria's total expenses over the 10 days are [tex]1125[/tex] units of currency.
Average Expense (Mean):
To find the average expense per day, divide the total expenses by the number of days.[tex]\text{Average Expense} = \frac{1125}{10} = 112.5[/tex]
On average, Maria spends [tex]112.5[/tex] units of currency per day.
Range of Expenses:
The range gives an idea of the variability in daily spending. It is the difference between the highest and lowest expenses.The highest expense is [tex]140[/tex] and the lowest expense is [tex]90[/tex].
[tex]\text{Range} = 140 - 90 = 50[/tex]
The range of Maria's expenses over the 10 days is [tex]50[/tex] units of currency.
By analyzing these statistics, Maria can gain insights into her spending habits and identify any unusual or unexpected patterns. If she wants to budget more effectively, she might consider ways to keep her daily expenses closer to her average.
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