Suppose there are exactly 9 people on a bus in Seattle, and the average of their yearly incomes is $65,000. At the next stop, the highest paid person on the bus (with an income of $120,000 per year) gets off, and Bill Gates gets on. Mr. Gates makes 7.6 billion dollars a year. Q9a: What is the new average salary of people on the bus?

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Answer:

$844496111

Step-by-step explanation:

Size, n = 9

Initial average = 65000

Average = total sum / size

Initial Sum = 9 * 65000

Initial sum = $585,000

New average = ((585,000 - 120,000 + 7,600,000,000)) / 9

New average =

$7600465000 / 9

= $844496111. 11

= $844496111