Question

if a company has 5 employees with annual salaries of 40,000 90,000 40,000 30,000 and 80,000 respectively what is the mean annual salary of the company

Answer 1

$56,000

Explanation

The mean is the average so add all of the numbers together and divide by how many numbers there are.

30000+40000+40000+80000+90000=280,000

280,000/5 = 56,000