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The data represents compensation per hour. The number of hours worked for six employees of an organization during the past week. Use these data to
The data represents compensation per hour. The number of hours worked for six employees of an organization during the past week. Use these data to calculate the average wage rate of the employees (weighted mean). In your own understanding, tell me a little about your results (one sentence will suffice).
How to compute average wage rate? If the total earned is $8631 over a total of 187 hours, how much is this per hour?
A B C Employee Hours Wage 20 $30.00 40 $45.00 35 $60.00 a U A W N 30 $100.00 37 $13.00 25 $26.00Step by Step Solution
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