Questions tagged 'Mean'
3 questions
There are 10 employees in a particular division of a company.?
In a particular division of a company, there are 10 employees. Their salaries have a mean of $70,000, a median of $55,000, and a standard deviation of $60,000. The highest salary in this list is $100,...
which of the following interpretation of the mean is correct?
Which of the following interpretations of the mean is correct? a. As the number of experiments (n) increases, the mean of the observations will approach the mean of the random variable. b. The observe...
Help with sales tax rate?
A store sells five models of cameras priced at $190.00, $420.00, $270.00, $300.00, and $420.00. With a sales tax rate of 6%, what are the mean, median, mode, and range of the total cost of each camera...