Math Problem Statement
Solution
Let's calculate the mean, median, and mode of the salary data.
Data Breakdown
Here are the groups of salaries:
- 13 employees with a salary of $20,600
- 10 employees with a salary of $23,700
- 18 employees with a salary of $25,100
- 3 employees with a salary of $30,800
- 4 employees with a salary of $39,900
- 1 employee with a salary of $147,600
Mean Salary
To calculate the mean salary, we sum all the salaries (weighted by the number of employees) and divide by the total number of employees.
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Multiply the salary by the number of employees in each group:
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Sum all the products:
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Calculate the total number of employees:
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Divide the total sum by the number of employees to get the mean salary:
Rounding to the nearest hundred, the mean salary is $27,700.
Median Salary
The median salary is the middle value when all salaries are arranged in ascending order.
- List the salaries in increasing order and account for how many employees earn each salary:
- 13 employees earn $20,600
- 10 employees earn $23,700 (cumulative total = 23 employees)
- 18 employees earn $25,100 (cumulative total = 41 employees)
- 3 employees earn $30,800 (cumulative total = 44 employees)
- 4 employees earn $39,900 (cumulative total = 48 employees)
- 1 employee earns $147,600 (cumulative total = 49 employees)
Since there are 49 employees, the median is the salary of the 25th employee. This falls in the $25,100 group.
Thus, the median salary is $25,100.
Mode Salary
The mode is the salary that occurs most frequently.
In this case, 18 employees earn $25,100, which is more than any other group.
Therefore, the mode salary is $25,100.
Summary
- Mean salary: $27,700 (rounded to the nearest hundred)
- Median salary: $25,100
- Mode salary: $25,100
Would you like any further explanation or details?
Here are 5 related questions:
- How does the mean salary change if the highest salary is removed?
- What is the range of salaries in this company?
- How does the presence of the outlier (the $147,600 salary) affect the mean salary?
- What would the total payroll be for all employees?
- How do you interpret the mode in this context?
Tip: The median is often a better indicator of typical salary in a dataset with outliers.
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Math Problem Analysis
Mathematical Concepts
Mean
Median
Mode
Data Analysis
Formulas
Mean = (Sum of all values) / (Number of values)
Median: Middle value when data is ordered
Mode: Value that appears most frequently
Theorems
Central Tendency Theorem
Suitable Grade Level
Grades 9-12
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