In a small company of 10 people the salaries are as follows: 5 people earn $25,000, 3 earn $27,000, 1 earns $34,000, and the own
er earns $60,000 What is the mean and standard deviation (to the nearest dollar) of their salaries?
Mean salary: $________a0
Standard Deviation: $_________a1
2 answers:
The mean is 30,000
The standard deviation is 10,893.42
What do you mean by a0 and a1?
Answer:
The mean is 30000 and standard deviation is 9746.79.
Step-by-step explanation:
Formula of mean

Formula of standard deviation:

Using the below table.


Therefore the mean is 30000 and standard deviation is 9746.79.
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