If 99 people had a mean income of $12,000, how much is the mean income increased by the addition of a single income of $200,000?

Question

Ms. Sue · Accepted Answer

12,000 * 99 - 1,188,000 (1,188,000 + 200,000) / 100 = $13,880 $13,880 - 12,000 = ?

KG · Answer

Thank you, Mrs. Sue. I now understand this type of problem! :)

Ms. Sue · Answer

You're welcome, KG :-)

Sara · Answer

If 99 people had a mean income of $45,000, how much is the mean income increased by the addition of a single income of 250,000