Question

A company has 14 employees with a salary of ​$21,000​, 11 employees with a salary of ​$22,800​, 17 employees with a salary of ​$24,800​, 3 employees with a salary of ​$32,200​, 5 employees with a salary of ​$38,500​, and 1 employee with a salary of ​$148,300.    Find the mean salary for the employees.

Answer 1

Answer:

27525.4902

Step-by-step explanation:

First need to add the total number of employees:

14+11+17+3+5+1=51

Now multiply the salary for each number of employees then add to have the total:

14x21000+11x22800+17x24800+3x32200+5x38500+1x148300= 1403800

Now to obtain the mean value just divide the total salary by the total number of employees:

1403800/51= 27525.4902

the mean salary is $27,525.49