# Question

Using the data from Exercise 57, consider the total revenue per employee. Revenue is in millions of dollars, and the count of employees is given in the data table.

(a) Why are there fewer than 428 observations available for making a histogram?

(b) Find the median, mean, and standard deviation of the revenue per employee. Be sure to include units with these.

(c) Describe the shape of the histogram. Would the Empirical Rule be useful for describing how observations cluster near the mean of this ratio?

(d) Which company has the largest revenue per employee? Is it the revenue or the number of employees that makes the ratio so large for this company?

(e) A start-up firm has 15 employees. What revenue does the company need to achieve in order to be comparable to other firms in this industry?

(a) Why are there fewer than 428 observations available for making a histogram?

(b) Find the median, mean, and standard deviation of the revenue per employee. Be sure to include units with these.

(c) Describe the shape of the histogram. Would the Empirical Rule be useful for describing how observations cluster near the mean of this ratio?

(d) Which company has the largest revenue per employee? Is it the revenue or the number of employees that makes the ratio so large for this company?

(e) A start-up firm has 15 employees. What revenue does the company need to achieve in order to be comparable to other firms in this industry?

## Answer to relevant Questions

These data give the monthly returns on stocks in three technology companies: Dell, IBM, and Microsoft. For each month from January 1990 through the end of 2005 (192 months), the data give the return earned by owning a share ...When a customer asks to borrow money, many banks check their credit score before giving them a loan. The credit score estimates the risk associated with making a loan to the customer. Credit scores are based on how well an ...This chart summarizes explanations given for missing work. The data are the explanations given for 100 absences by employees on the assembly line, administration, and supervising managers. The explanations are classified as ...(a) What is Cramer’s V for this contingency table, which shows choices for paint colors and finishes at a hardware store? (You should not need to do any calculations.) (b) What is the value of Cramer’s V for this ...Exercise 44 summarizes results from a survey of stockholders following the October 1987 stock market crash. (a) Quantify the amount of association between the respondents’ stock ownership and expectation about the chance ...Post your question

0