Mean: $620, Mode: $600
Let's sort the rank stats.
First quartile: $580
Median: $610
Third quartile: $645
85th percentile: $685
OK, we're ready. What happened to a and b?
c. $645 is the third quartile, 75th percentile. That means 25% of the salaries are higher.
Answer: 25%
d. $685 is the 85th percentile, 15% greater.
Answer: 15%
e. The mean is the sum of all the salaries divided by the count.
Mean = Sum / Count
So the sum is the count times the mean,
Sum = Count × Mean = 100 × $620 = $62,000
Big payroll.
Answer: $62,000
