The Canadian government wants to know the relative age of its workforce. As the ?baby boom? generation

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The Canadian government wants to know the relative age of its workforce. As the ?baby boom? generation becomes older, the government is concerned about the availability of younger, qualified workers. To become more informed, the government hired ABC Consulting Services to survey many industries regarding employee ages. The mean and the median ages for two industries, communication and retail trade, are listed in the following table:image

Comment on the distribution of age. Which industry appears to have older workers? Younger workers? In each industry, which job types show the greatest difference between mean age and median age?

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Basic Statistics For Business & Economics

ISBN: 9781259268939

6th Canadian Edition

Authors: Douglas A. Lind, William G Marchal, Samuel A. Wathen, Carol Ann Waite

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