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Need help with this one!​

Need help with this one!​-example-1

1 Answer

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Answer:

The answer to your question is:

a) mean salary $70000; 7 employees earn less than the mean; the median salary is $ 32000

b) He can say that the mean salary is $ 70000 that is correct but in reality just the boss earns more money that all his employees together.

Explanation:

Data

5 clerks $32 000

2 accountants $60 000

1 owner = $280 000

Process

a) Mean salary = 5(32000) + 2(60000) + 1(280000) / 8

= (160000 + 120000+ 280000) / 8

= 560000/8

= 70000

b) He can say that the mean salary is $ 70000 that correct but in really just the boss earn more money that all his employees together.

User Sainath
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