document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=163004>Question 163004</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Please help me answer this problem, I am lost.\r<BR>\n" );
document.write( "\n" );
document.write( "A small company has 20 employees with a mean annual salary of $75,000. The company is planning to expand its activities by hiring an administrative assistant and a consultant with annual salaries of $50,000 and $95,000, respectively. What will the mean annual employee salary be if the company expands its workforce as planned?\r<BR>\n" );
document.write( "\n" );
document.write( " </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #120133 by </B><A HREF=/tutors/aboutme.mpl?userid=scott8148><B>scott8148(6628)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=scott8148><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=scott8148><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=120133\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> the mean is the arithmetic average of the salaries\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "for 20 people with an average of 75000, the total salaries is 20 * 75000 or 1500000\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "adding 2 people and 145000 in salaries brings the mean to 1645000/22 or 74772.73 </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );