Find the mean of the data summarized in the given frequency distribution.
-A company had 80 employees whose salaries are summarized in the frequency distribution below. Find the mean salary. $$\begin{array} { r | c }
\text { Salary } ( \$ ) & \text { Employees } \
\hline 5,001 - 10,000 & 16 \
10,001 - 15,000 & 14 \
15,001 - 20,000 & 15 \
20,001 - 25,000 & 17 \
25,001 - 30,000 & 18
\end{array}$$
A)$17,500
B)$17,937.50
C)$19,731.25
D)$16,143.75

Question

Find the mean of the data summarized in the given frequency distribution.
-A company had 80 employees whose salaries are summarized in the frequency distribution below. Find the mean salary. $$\begin{array} { r | c } 
\text { Salary } ( \$ ) & \text { Employees } \
\hline 5,001 - 10,000 & 16 \
10,001 - 15,000 & 14 \
15,001 - 20,000 & 15 \
20,001 - 25,000 & 17 \
25,001 - 30,000 & 18
\end{array}$$
A)$17,500
B)$17,937.50
C)$19,731.25
D)$16,143.75

Quizplus · Accepted Answer

To find the mean salary, calculate the midpoint of each salary range, multiply by the number of employees in that range, sum these products, and divide by the total number of employees. The mean is $17,937.50.

Find the Mean of the Data Summarized in the Given