A company executive concludes that an accountant must have made a mistake because she prepared a...

A company executive concludes that an accountant must have made a mistake because she prepared a report stating that 90% of the company's employees earn less than the mean salary. Show that the accountant could be right by giving an example with 10 data values showing that it is possible for 90% of the employees to earn less than the mean salary. Describe why this happening with your data values.

Expert Solution

TOPIC:Effect in the mean value when there are extreme observations in the data set.

orchestra answered 1 year ago

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