Answer :
The mean salary is $37,300.
The mean is determined by adding all the salaries and dividing by the number of employees.
Follow these steps to calculate the mean salary:
- Add all the salaries together: $26,000 + $32,000 + $28,000 + $31,000 + $31,000 + $66,000 + $29,000 + $30,000 + $73,000 + $27,000 = $373,000.
- Count the number of employees: 10.
- Divide the total sum of salaries by the number of employees: $373,000 / 10 = $37,300.
Therefore, the mean salary is $37,300.
Complete question is given below:
The salaries of 10 employees of a small company are listed. . $26000 32000 28000 31000 31000 $66000 29000 30000 73000 27000 a) Determine the mean The mean salary is $
