An industry research group gathered salary information from four random graphic designers, who work full-time in the field. Which salary is closest to the industry average?
To determine which salary is closest to the industry average, we need to find the mean salary by summing up all four salaries and dividing the total by 4. Assuming the salaries are $40,000, $45,000, $50,000, and $55,000, the average salary would be:
($40,000 + $45,000 + $50,000 + $55,000) / 4 = $190,000 / 4 = $47,500
Therefore, the average salary is $47,500. The salary closest to this average would be $45,000.