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24 December, 05:54

Suppose that all 75 employees of a company received a raise of $150 per month? How would this affect the mean salary of all employees in this company?

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  1. 24 December, 06:11
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    Mean Salary of all employees will be increase by $150.

    Explanation:

    $150 raise of all 75 employees will be averaged and result in the $150 increase in the mean of all employees salary.

    Suppose:

    The Sum of all Employees salary = $1,500,000

    The Mean of all Employees salary = $100,000 / 75

    The Mean of all Employees salary = $20,000

    The Sum of all Employees salary after raise = $1,500,000 + (75 x 150)

    The Sum of all Employees salary after raise = $1,511,250

    The Mean of all Employees salary after raise = $1,511,250 / 75

    The Mean of all Employees salary after raise = $20,150

    Hence Proved that Mean Salary of all employees will be increase by $150.
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