Question: A small warehouse employs a supervisor at $ 1200 a week, an inventory manager at $700 a week, six stock boys at $400 a week,
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?
Step by Step Solution
There are 3 Steps involved in it
a The mean salary is 1200 700 6400 4500 12 525 The m... View full answer
Get step-by-step solutions from verified subject matter experts
