SOLUTION: The mean salary of 24 people is $9000. How much will one additional salary of $80000 increase the mean salary?
Please help me!! thank you
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Question 171737: The mean salary of 24 people is $9000. How much will one additional salary of $80000 increase the mean salary?
Please help me!! thank you
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
The mean salary of 24 people is $9000. How much will one additional salary of $80000 increase the mean salary?
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New average salary: (24*9000 + 80,000)/25 = $11840.00
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Change in the mean salary : 11840-9000= $2840
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Cheers,
StanH.
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