Question

company incomes
what is the mean income of these employees?
a companys payroll department provided the incomes for five employees:
$32,000, $28,000, $35,000, $29,000, and $33,000.
enter your answer in the box.
$

Explanation:

Step1: Sum up the incomes

$$32000 + 28000+35000 + 29000+33000$$
$$=(32000 + 28000)+(35000 + 29000+33000)$$
$$=60000+(64000 + 33000)$$
$$=60000 + 97000$$
$$=157000$$

Step2: Calculate the mean

The mean formula is $\text{Mean}=\frac{\text{Sum of data}}{\text{Number of data points}}$. Here, the sum of data is $157000$ and the number of data points is $5$. So, $\text{Mean}=\frac{157000}{5}=31400$

Answer:

$31400$