Question 42
Measures of Central TendencyDetermine the mean monthly salary of 50 employees of a company from the following frequency distribution:
Monthly salary: ₦200.00, ₦325.00, ₦100.00, ₦120.00, ₦60.00, ₦80.00
Frequency: 10, 5, 20, 2, 10, 3
- A.₦215.30
- B.₦134.10
- C.₦143.10
- D.₦80.00
- E.₦50.30.
Show the answer and explanation
Answer: B (₦134.10)
Explanation
Σfx = 2000 + 1625 + 2000 + 240 + 600 + 240 = 6705. Mean = 6705 ÷ 50 = ₦134.10.