The annual salaries of four men were $15,000, $16,000, $16,500, and $40,000. (a) Find the arithmetic mean of their salaries. (b) Would you say that this average is typical of the salaries?

PREALGEBRA
15th Edition
ISBN:9781938168994
Author:OpenStax
Publisher:OpenStax
Chapter5: Decimals
Section5.5: Averages And Probability
Problem 401E: Explain in your own words the difference between the mean, median, and mode of a set of numbers.
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 The annual salaries of four men were $15,000, $16,000, $16,500, and $40,000.

(a) Find the arithmetic mean of their salaries.

(b) Would you say that this average is typical of the salaries?

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