SOLUTION: A company has 14 employees with a salary of $21,000, 12 employees with a salary of $23,500, 18 employees with a salary of $27,500, 3 employees with a salary of �

Question 1157713: A company has 14 employees with a salary of $21,000, 12 employees with a salary of $23,500, 18 employees with a salary of $27,500, 3 employees with a salary of $31,500, 5 employees with a salary of $38,700, and 1 employee with a salary of $146,700. Find the mean salary for the employees.
Answer by Edwin McCravy(20056) (Show Source): You can put this solution on YOUR website!

     X       f        f∙X
  $21,000   14      $294000
  $23,500   12         ?
  $27,500   18         ?
  $31,500    3         ?
  $38,700    5         ?  
 $146,700    1         ?
--------------------------
         n = ?   sum = ?

Put numbers where the question marks are.

Multiply each of the X-values by the f value
to finish the f∙x list.  (I did the first one,
you do the others)

Add the f column to get n

Add the f∙x column to get the sum.

Then divide the sum by n.

That will be the mean salary.

Edwin

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SOLUTION: A company has 14 employees with a salary of ​$21,000​, 12 employees with a salary of ​$23,500​, 18 employees with a salary of ​$27,500​, 3 employees with a salary of �

SOLUTION: A company has 14 employees with a salary of $21,000, 12 employees with a salary of $23,500, 18 employees with a salary of $27,500, 3 employees with a salary of �