Given Binod's salary for the past five months: ₹ 21450, ₹46200, ₹ 54500, ₹ 54500 and ₹ 54500 Find the mean of the Binod's salary for the past five months.
A
₹ 46200
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B
₹ 46250
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C
₹ 46240
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D
₹ 46230
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Solution
The correct option is D ₹ 46230 We know that, Mean=Sum of observationsTotal number of observations
∴Mean of salary=Sum of five months salaryNumber of months