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Question
salaries for the research and development department are given as $48,345, $27,982, $42,591, $19,522, $32,421, and $37,598. find the mean, the median, and the mode of the salaries.
- the mean of the salaries is $34743.
(round to the nearest dollar as needed.)
- the median is $
Step1: Arrange salaries in ascending order
$19522, 27982, 32421, 37598, 42591, 48345$
Step2: Calculate the mean
The mean formula is $\bar{x}=\frac{\sum_{i = 1}^{n}x_{i}}{n}$, where $n = 6$ and $x_{i}$ are the individual salaries.
$\bar{x}=\frac{19522 + 27982+32421+37598+42591+48345}{6}=\frac{208459}{6}\approx34743.17\approx34743$
Step3: Calculate the median
Since $n = 6$ (an even - numbered data set), the median is the average of the $\frac{n}{2}$th and $(\frac{n}{2}+ 1)$th ordered values. $\frac{n}{2}=3$ and $\frac{n}{2}+1 = 4$.
Median$=\frac{32421 + 37598}{2}=\frac{69919}{2}=34959.5\approx34960$
Step4: Check for mode
There is no repeated value in the data - set, so there is no mode.
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Mean: $\$34743$, Median: $\$34960$, Mode: None