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Average Prices of Brand & Generic Drugs Per StoreSTORECVSAfrin Original 12hour Nasal Spray (1 OZ)Generic 12hour Nasal Spray (1 OZ)Picks NyQuil Cold & Flu Relief Liquid (12 OZ)$10.32×$7.999.04Generic
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01
Gather data on the prices of products from the desired brand.
02
Calculate the sum of all the prices.
03
Count the total number of products included in the calculation.
04
Divide the sum of the prices by the total number of products to find the average price per product.
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06
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Who needs average prices of brand?
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Market researchers who want to track the pricing trends of different brands over time.
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