Question

a company has 14 employees with a salary of $21,300. 10 employees with a salary of $24,000. 18 employees with a salary of $25,000. 2 employees with a salary of $31,400. 6 employees with a salary of $38,500. and 1 employee with the salary of $145,500.find the mean of the salary for the employees

Answer 1

Answer:

Mean of the employees' salaries = $5600 ( to the nearest hundred)

Explanations:

Salary of 14 employees = $21,300

Salary of 10 employees = $24,000

Salary of 18 employees = $25,000

Salary of 2 employees = $31,400

Salary of 6 employees = $38,500

Salary of 1 employee = $145,500

Total number of employees = 14 + 10 + 18 + 2 + 6 + 1

Total number of employees = 51

Total salary of the 51 employees = (21300+24000+25000+31400+38500+145500)

Total salary of the 51 employees = $285700

Mean = (Total salary)/(Total number of employees)

Mean = 285700 / 51

Mean = $5601.96

Mean = $5600 ( to the nearest hundred)