SOLUTION: A company had 80 employees whose salaries are summarized in the frequency distribution below. Find the mean salary. Salery ($) Employees 5,001-10,000 17 10,001-15,000 12 15,0

Algebra ->  Probability-and-statistics -> SOLUTION: A company had 80 employees whose salaries are summarized in the frequency distribution below. Find the mean salary. Salery ($) Employees 5,001-10,000 17 10,001-15,000 12 15,0      Log On


   



Question 1147710: A company had 80 employees whose salaries are summarized in the frequency distribution below. Find the mean salary.
Salery ($) Employees
5,001-10,000 17
10,001-15,000 12
15,001-20,000 12
20,001-25,000 15
25,001-30,000 24

Answer by ikleyn(52817) About Me  (Show Source):
You can put this solution on YOUR website!
.

1.  The table does not show the salaries.

    It show the frequency distribution for some given ranges of salaries.



2.  The mean salary CAN NOT be determine from the given data.



3.  Only the range for the mean salary can be determined.