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You Have Surveyed Five Companies and Obtained the Following Data

Question 41

Multiple Choice

You have surveyed five companies and obtained the following data regarding the midpoints of the base pay range for the job of "benefit clerk" and the number of employees employed at each company performing that role: $32,000 (Company A with 10 employees) , $31,000 (Company B with 20 employees) , $30,000 (Company C with 20 employees) , $29,000 (Company D with 10 employees) , and $29,000 (Company E with 40) . What is the weighted mean for this set of data?


A) $30,200
B) $30,000
C) $29,900
D) $29,000

Correct Answer:

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