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Listed below are the top 10 annual salaries (in millions of dollars) of TV personalities:

38.5, 35.9, 34.9, 28, 14.5, 12.2, 11.2, 9.4, 10.6, 7.6

Find the following for the given sample data in millions of dollars:

a. The mean
b. The median
c. The mode
d. The midrange

Given that these are the top 10 salaries, do we know anything about the salaries of TV personalities in general? Are such top 10 lists valuable for gaining insight into the larger population?

Answer :

Final answer:

The mean salary of the top 10 TV personalities is 19.28 million dollars.

Explanation:

To find the mean of the given data, you need to add up all the salaries and divide by the total number of salaries

In this case, there are 10 salaries.

So, add up all the salaries: 38.5 + 35.9 + 34.9 + 28 + 14.5 + 12.2 + 11.2 + 9.4 + 10.6 + 7.6 = 192.8.

Then divide by 10: 192.8/10 = 19.28.

Therefore, the mean salary is 19.28 million dollars.

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