SOLUTION: A very large international pharmaceutical company has two divisions, one with 4,000 employees, the other with 8,000 employees. The mean hourly wage of the employees is $6.05 in the

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Question 1161722: A very large international pharmaceutical company has two divisions, one with 4,000 employees, the other with 8,000 employees. The mean hourly wage of the employees is $6.05 in the first division and $7.39 in the second division. What is the mean hourly wage of all the firm's employees
Answer by ikleyn(52847)   (Show Source): You can put this solution on YOUR website!
.

The total hourly wage over 4000 employees at the first division is  4000*6.05 dollars.


The total hourly wage over 8000 employees at the second division is  8000*7.39 dollars.


The total hourly wage over all 4000+8000 = 12000 employees at the both division is  4000*6.05 + 8000*7.39 dollars.


The average hourly wage over all 12000 employees at both divisions is  


     = 6.94 dollars.     ANSWER

Solved.

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