The question is, if 40 hours are worth $560, then how much worth one single our. Lets write an equation for the situation calling x the hourly rate: 40x = $560 x = <span>$560/40 </span>x = $14 per hour
The arithmetic mean of a distribution is the sum of the number of samples in the distribution divided by the number of samples in the dataset. It is a measure of central tendency. The mean is represented as follows: