Question

HELP PLEASEEE, I REALLY DO NOT UNDERSTAND THESE QUESTIONS. THANK YOU HELP IS VERY MUCH APPRECIATED!!! ASAP

5) The mean salary of 5 employees is $40300. The median is $38500. The lowest paid employee's salary is $32000. If the lowest paid employee gets a $3100 raise, then ...


a) What is the new mean?

New Mean = $



b) What is the new median?

New Median = $

Answer 1

Answer: New Mean = $40,920

New Median = $38,500

Explanation:

5 employee's salaries are as follows in order from least to greatest:

$32,000 - unknown - $38,500 - unknown - unknown

The median (middle number) is: $38,500

The mean (average) of the 5 salaries is: $40,300

If $3,100 is added to the $32,000 salary, then the mean(average) is increased by
`(\$3100)/(5\ salaries)=\$620`.

Old Mean + increase = New Mean

$40,300 + $ 620 = $40,920

The median (middle number) does not change. It is still $38,500