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A small factory employs 7 experienced and 5 inexperienced workers. The mean monthly wage of these 12 workers is $700.(a) Given that the mean monthly wage of 5 inexperienced workers is $602, (b) calculate the mean wage of the 7 experienced workers. tell me the (a) and (b)
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The mean is $700. You should be able to determine that the total wage is just $700 X 12= $8400. If the total wage bill for the inexperienced is $602 then the total for the experienced is $8400 - ($602*5) = $5390 . That distributes over the seven total workers for a mean of $5390/7 =$770
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