Question

a small business owner pays his three employees the monthly salaries $4,000, $3,500, and $4,500. what is the mean salary of the employees? $4,000 $875 $4,200 $3,325

Explanation:

Step1: Sum of salaries

Sum the three salaries: \(4000 + 3500+4500\)

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Step2: Calculate the mean

The mean formula is \(\text{Mean}=\frac{\text{Sum of data}}{\text{Number of data}}\). Here, the number of employees \(n = 3\), sum \(S=12000\). So \(\text{Mean}=\frac{12000}{3}\)

$$ \frac{12000}{3}=4000 $$

Answer:

\(4000\)