Comparison of Average Fundraising Amounts

Hard Quantitative Comparisons Data Analysis

A local charity organization conducted a fundraiser to support various community projects. They tracked the amount of money raised over a series of events and compiled their data as follows:

Event 1: $2,500
Event 2: $3,000
Event 3: $1,750
Event 4: $4,250
Event 5: $2,000

The organization needs to determine the average amount raised per event. Calculate the average amount raised and then compare this with the total raised in the most successful event.

Let the total amount raised be denoted as $T$. What is the comparison result?

The average amount raised is greater than the amount raised in the most successful event.

The average amount raised is equal to the amount raised in the most successful event.

The average amount raised is less than the amount raised in the most successful event.

The average amount raised is not definable from the given data.

Hint

Submitted1.4K

Correct724

% Correct52%