
Andrew M. answered 03/11/18
Tutor
New to Wyzant
Mathematics - Algebra a Specialty / F.I.T. Grad - B.S. w/Honors
Mean of males: $58,000
Mean of females: $50,000
We cannot conclude that the mean salary of all employees is $54,000
because we need to know the number of male employees and number
of female employees. If the numbers are skewed toward one sex or
the other it will change the mean of all employees.
If there are mostly male employees the mean will be higher than
$54,000. If there are mostly female employees the mean will be
lower than $54,0000. If they are roughly equal in number then the
overall mean will be near $54,000