Question

The graph shows the salaries of 23 employees at a small company. Each bar spans a width of $50,000 and the height shows the number of people whose salaries fall into that interval.

The owner is looking to hire one more person and when interviewing candidates says that on average an employee makes at least $175,000.

How does the owner justify this claim?

Answer 1

Based on the given graph, we can see that the bars representing salaries above $175,000 span a total of 7 employee salaries. Since each bar spans a width of $50,000, we can estimate that the total number of employees making at least $175,000 is approximately 7 multiplied by 50,000 divided by 10,000, which equals 35%. Therefore, the owner can justify the claim that on average an employee makes at least $175,000 by stating that approximately 35% of the current employees already make at least that amount. However, it's important to note that this calculation is based on estimates and assumptions and should not be used as a definitive answer.