Question

The chart gives the income distribution of Sambala, an island nation in the arctic ocean. Annual income Ken $35000 Leo $46000 Michael $68000 Marion $300000 Joseph $57000 Ellen $41000 Tom $66000 What is the mean income in Sambala

Answer 1

Using it's concept, it is found that the mean income in Sambala is of $87,571.43.

The mean of a data-set is the sum of all observations in the data-set divided by the number of observations.

In this problem, there are 7 observations: 35000, 46000, 68000, 300000, 57000, 41000 and 66000.

Hence, the mean is:

$M = \frac{35000 + 46000 + 68000 + 300000 + 57000 + 41000 + 66000}{7} = 87571.43$

The mean income in Sambala is of $87,571.43.

A similar problem is given at brainly.com/question/13451786