Question

a company has 14 employees with a salary of $20,600. 12 employees with a salary of $23,900. 17 employees with a salary of $25,100. 4 employees with a salary of $31,100. 5 employees with a salary of $39,500. and 1 employee with the salary of $149,100.find the mean of the salary for the employees type a whole number. round to the nearest hundred as needed

Answer 1

To answer this question, we need to multiply all the individual salaries by the corresponding number of employees. Then, we need to add them all up. After that, we have to divide that total by the total number of employees.

Then, we have:

1. 14 *$20600 = 288400

2. 12 * $ 23900 = 286800

3. 17 * $ 25100 = 426700

4. 4 * $ 31100 = 124400

5. 5 * $ 39500 = 197500

6. 1 * $ 149100 = 149100

Then, we have that:

S = 288400 + 286800 + 426700 + 124400 + 197500 + 149100 = 1472900

Thus, the total is $1,472,900. Then, the total number of employees is:

14+12+17+4+5+1 = 53

Therefore, the mean salary for the employees is:

`m=(1472900)/(53)\Rightarrow m=27790.5660`

Then, rounding the number to the nearest hundred (100), we have that the mean salary for the employees is $27,800.