Question

A small business producing a seasonal product began the calendar year with 16 employees. Listed below are the changes to their staff throughout the year:

On March 1st, the business hired 5 employees.
On May 1st, the business hired 5 employees.
On June 1st, the business hired 9 employees.
On September 1st, the business hired 6 employees.
On October 1st, the business hired 12 employees.
On November 1st, the business hired 5 employees.
What was the average number of employees on the payroll during the calendar year? Assume that each month has the same length.
Note: Please make sure your final answer(s) are accurate to 1 decimal place.

Answer 1

Explanation:

Employees for the 12 months Jan - Dec

16 + 16 + 21 + 21 + 26 + 35 + 35 + 35 + 41 + 53 + 58 + 58

Add all of these and divide by 12 months = 34.6 employee average