Answer:
Annual mean salary at the company is $52,000
Step-by-step explanation:
Given : If a company has 5 employees with annual salaries of $30,000, $50,000, $30,000, $80,000, and $70,000, respectively.
We have to determine the mean annual salary at the company.
Consider the given salaries of 5 employee of the company
$30,000, $50,000, $30,000, $80,000, and $70,000
The annual mean salary at the company is the sum of salary of the employees divided by the number of employees.
Annual mean salary =[tex]\dfrac{30,000+50,000+30,000+70,000+80,000}{5}=\frac{2,60,000}{5}[/tex]
Thus, Annual mean salary at the company is $52,000
