A company has a CEO, a CFO (chief financial officer), and a small number of other top
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A company has a CEO, a CFO (chief financial officer), and a small number of other top executives who receive large compensation packages (i.e., salaries, stock options, and the like) as well as a large number of employees who are paid the minimum wage or only slightly above it.
a) What would be a good measure of central tendency for the distribution of compensation?
b) In a short phrase, explain your choice.
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a The median might be the single best choice to repr...View the full answer
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Related Book For 
The Joy Of Stats A Short Guide To Introductory Statistics In The Social Sciences
ISBN: 9781487527297
3rd Edition
Authors: Roberta Garner, Michael Ash
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