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Strike441
2 months ago
15

These are the weekly wages paid to staff in a hotel. £245 £140 £525 £163 £195 £174 £140 What is the range of these wages? £ What

is the mean wage?
Mathematics
1 answer:
Inessa [12.5K]2 months ago
7 0

Answer:

The wage range spans from £140 to £525.

The average wage is £226.

Step-by-step explanation:

Given:

Weekly compensations for the personnel include:

£245, £140, £525, £163, £195, £174, and £140.

To find:

What is the range of these wages?

What is the mean wage?

Solution:

To start with, let's define the range of wages and the mean wage.

The wage range is established by the lowest and highest payment values.

The lowest wage recorded is £140, whereas the highest is £525.

Thus, the wage range is from £140 to £525.

The mean wage signifies the average payment received by employees.

The formula for mean is:

\text{Average/Mean =} \dfrac{\text{Sum of all the observations}}{\text{Number of observations}}

In this case, the total of all wages is taken into account while n signifies the staff count of 7.

Using the formula:

\text{Average/Mean =} \dfrac{\text{245+140+525+163+195+174+140}}{\text{7}} \\\Rightarrow \text{Average/Mean =} \dfrac{\text{1582}}{\text{7}}\\\Rightarrow \text{Average/Mean =} 226

Therefore, we conclude that:

The wage range is from £140 to £525.

Mean wage is £226.

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