Question

Solve the problem. 31) The five sales people at Southwest Appliances earned commissions last year of $14,000, $21,000, $43,000, $16,000, and $26,000. Find the mean commission.​

Answer 1

Therefore, the mean commission earned by the five salespeople at Southwest Appliances is $24,000.

Explanation:

To find the mean (average) commission of the five salespeople at Southwest Appliances, you need to calculate the sum of all the commissions and divide it by the total number of salespeople.

Sum of commissions = $14,000 + $21,000 + $43,000 + $16,000 + $26,000

Sum of commissions = $120,000

Total number of salespeople = 5

Mean commission = Sum of commissions / Total number of salespeople

Mean commission = $120,000 / 5

Mean commission = $24,000

Therefore, the mean commission earned by the five salespeople at Southwest Appliances is $24,000.