A certain bakery has 6 employees. It pays annual salaries of $14,000 to each of 2 employees, $16,000 to 1 employee, and $17,000 to each of the remaining 3 employees. The average (arithmetic mean) annual salary of these employees is closest to which of the following?
A. $15,200
B. $15,500
C. $15,800
D. $16,000
E. $16,400
A certain bakery has 6 employees. It pays annual salaries of $14,000 to each of 2 employees, $16,000 to 1 employee, and
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Solution:sambati wrote: ↑Tue Jul 21, 2020 10:57 amA certain bakery has 6 employees. It pays annual salaries of $14,000 to each of 2 employees, $16,000 to 1 employee, and $17,000 to each of the remaining 3 employees. The average (arithmetic mean) annual salary of these employees is closest to which of the following?
A. $15,200
B. $15,500
C. $15,800
D. $16,000
E. $16,400
The average annual salary of these employees is (14,000 x 2 + 16,000 x 1 + 17,000 x 3)/6 = 95,000/6 = $15,833.33 or approximately $15,800.
Answer: C
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