What is the weighted mean for annual utility plant

Reference no: EM131403743

According to a utility company, utility plant expenditures per employee were approximately $50,845, $43,690, $47,098, $56,121, and $49,369 for the years 2002 through 2006.

Employees at the end of each year numbered 4738, 4637, 4540, 4397, and 4026, respectively.

Using the annual number of employees as weights, what is the weighted mean for annual utility plant investment per employee during this period?

Reference no: EM131403743

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