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use the salaries of employees of the moe d. lawn landscaping company to…

Question

use the salaries of employees of the moe d. lawn landscaping company to answer the question.
salary\tfrequency
$23,000\t4
$26,000\t3
$30,000\t2
$45,000\t1
what is the mean?
$
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Explanation:

Step1: Calculate total salary

Multiply each salary by its frequency and sum them:
\(23000\times4 + 26000\times3 + 30000\times2 + 45000\times1\)
\(= 92000 + 78000 + 60000 + 45000\)
\(= 275000\)

Step2: Calculate total employees

Sum the frequencies: \(4 + 3 + 2 + 1 = 10\)

Step3: Find the mean

Divide total salary by total employees: \(\frac{275000}{10} = 27500\)

Answer:

\(27500\)