Find the Mean for the Given Sample Data

question 102

Multiple Choice

Find the mean for the given sample data. Unless otherwise specified, round your answer to one more decimal place than that used for the observations.
-Frank's Furniture employees earned the following amounts last week:
$530.59 $524.47 $159.83 $179.32 $215.97 $396.41 $151.85 $382.35 $393.84
Find the mean amount earned by an employee last week rounded to the nearest cent.

• A)$326.07
• B)$366.83
• C)$319.40
• D)$419.23

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Definitions:

Indirect Spend

Expenses on goods and services that are not directly incorporated into a product being manufactured, such as office supplies or professional services.

Direct Spend

Expenditures directly associated with the production of goods or services, such as raw materials and manufacturing costs.

Value Requirement

The essential features or characteristics that a product, service, or process must possess to meet stakeholder or customer needs.

Business Partnerships

Cooperative agreements between two or more business entities to work together towards shared objectives.