Mortage Interest Rate HOmework thing?

I dont get this question at all:

Mortgage Interest Rates:

Month / Interest rate (in percent)

march - 7.8

april - 8.0

may - 7.75

june - 7.6

july - 7.25

august - 7.5

thats the chart up there

and then the question is

what was the mean mortgage interest rate, in percent, for the sixth month period

Mortage Interest Rate HOmework thing?

That%26#039;s just a math question. It really doesn%26#039;t matter that they call the numbers %26quot;interest rate%26quot; (and it certainly doesn%26#039;t have anything to do with credit, so I%26#039;m not sure why you posted the question here in this category ...)

Anyway. All you have to do is find the mean. The mean is just the average value of a set of numbers. So add up all the numbers, divide them by six, and ... that%26#039;s the mean.

(Did you also have to find the median and the mode? Those three things usually go together in a math class.)

Mortage Interest Rate HOmework thing?

determint he mean. It was in your class, so you should of asked if you did not understand.