A small warehouse employs a supervisor at $ 1200 a week, an inventory manager at $700 a
Question:
a) Find the mean and median wage.
b) How many employees earn more than the mean wage?
c) Which measure of center best describes a typical wage at this company: the mean or the median?
d) Which measure of spread would best describe the payroll: the range, the IQR, or the standard deviation? Why?
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Related Book For
Stats Data and Models
ISBN: 978-0321986498
4th edition
Authors: Richard D. De Veaux, Paul D. Velleman, David E. Bock
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