Find the median salary in the preceding list of seven salaries. Preceding data of salaries Occasionally, the

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Find the median salary in the preceding list of seven salaries.

Preceding data of salaries

Occasionally, the mean can be misleading as a measure of central tendency. Suppose the annual salaries of seven people in a small company are $34,000, $40,000, $56,000, $36,000, $36,000, $156,000, and $48,000. The mean salary is

n i=1 n $406,000 7 = $58,000

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Finite Mathematics For Business Economics Life Sciences And Social Sciences

ISBN: 9780134862620

14th Edition

Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker

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Find the median salary in the preceding list of seven salaries. Preceding data of salaries Occasionally, the

Question:

n i=1 n $406,000 7 = $58,000

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Arrange the salaries in increasing order an...View the full answer

Finite Mathematics For Business Economics Life Sciences And Social Sciences

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