To determine which salary is closest to the industry average, we need to calculate the industry average based on the salaries of the four graphic designers. Let's find the average of the given salaries.
The four salaries are: $63,000, $52,000, $39,000, and $48,000.
The average salary is calculated by adding up all the salaries and dividing by the number of salaries.
Average salary = (63,000 + 52,000 + 39,000 + 48,000) / 4
Average salary = 202,000 / 4
Average salary = 50,500
The industry average is $50,500.
To find the salary closest to the industry average, we need to determine which option is the nearest.
The differences between the industry average and each given salary are as follows:
A. $50,500 - $63,000 = -$12,500
B. $50,500 - $52,000 = - $1,500
C. $50,500 - $39,000 = $11,500
D. $50,500 - $48,000 = $2,500
Among the given options, the salary that is closest to the industry average is C. $39,000.
An industry research group gathered salary information from four random graphic designers who work full-time in the field. Which salary is closest to the industry average?
A. $63,000
B. $52,000
C. $39,000
D. $48,000
1 answer
1 answer