According to the Bureau of Labor Statistics, the average annual salary of a worker in Detroit, Michigan,
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According to the Bureau of Labor Statistics, the average annual salary of a worker in Detroit, Michigan, is $45,140. Suppose the median annual salary for a worker in this group is $41,369 and the mode is $39,500. Is the distribution of salaries for this group skewed? If so, how and why? Which of the measures of central tendency would you use to describe these data? Why?
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Business Statistics For Contemporary Decision Making
ISBN: 9781119607458
10th Edition
Authors: Ken Black
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