1.The yearly salary (in thousands of dollars) for a small company are listed below. Find the...

1.The yearly salary (in thousands of dollars) for a small company are listed below. Find the mode, mean, median and population standard deviation and use the Empirical Rule to find a 95% confidence interval.

74 46 397 75 98 67 46 96

2. From the Measures of Central Tendencies computed above, which one would you use to represent the “average” company salary. Explain your reasoning.

Expert Solution

milcah answered 1 year ago

The yearly salary (in thousands of dollars) for a small company are listed below. Find the...

The yearly salary (in thousands of dollars) for a small company are listed below. Find the mode, mean, median and population standard deviation and use the Empirical Rule to find a 95% confidence interval. 74 67 39 75 98 67 460 96

(1 point) Suppose the relation between CEO’s annual salary in thousands of dollars, salary, and the...

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Sample annual salaries? (in thousands of? dollars) for employees at a company are listed. 50 50??...

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Sample annual salaries (in thousands of dollars) for employees at a company are listed. 43, 54,...

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Sample annual salaries (in thousands of dollars) for employees at a company are listed. 55 38...

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Sample annual salaries (in thousands of dollars) for employees at a company are listed. 54 49...

Sample annual salaries (in thousands of dollars) for employees at a company are listed. 54 49 44 51 32 32 54 49 44 30 51 54 48 (a) Find the sample mean and the sample standard deviation. (b) Each employee in the sample is given a 6% raise. Find the sample mean and the sample standard deviation for the revised data set. (c) To calculate the monthly salary, divide each original salary by 12. Find the sample mean and the...

Sample annual salaries (in thousands of dollars) for employees at a company are listed. 40 35 ...

Sample annual salaries (in thousands of dollars) for employees at a company are listed. 40 35 44 51 39 39 40 35 44 30 51 40 47 (a) Find the sample mean and sample standard deviation. (b) Each employee in the sample is given a $3000 raise. Find the sample mean and sample standard deviation for the revised data set. (c) Each employee in the sample takes a pay cut of $2000 from their original salary. Find the sample mean...

Sample annual salaries (in thousands of dollars) for employees at a company are listed. 52 40 ...

Sample annual salaries (in thousands of dollars) for employees at a company are listed. 52 40 47 63 33 33 52 40 47 25 63 52 53 (a) Find the sample mean and sample standard deviation. (b) Each employee in the sample is given a $2000 raise. Find the sample mean and sample standard deviation for the revised data set. (c) Each employee in the sample takes a pay cut of $5000 from their original salary. Find...

Sample annual salaries (in thousands of dollars) for employees at a company are listed. 52 49 ...

Sample annual salaries (in thousands of dollars) for employees at a company are listed. 52 49 45 51 38 38 52 49 45 34 51 52 42 (a) Find the sample mean and sample standard deviation. (b) Each employee in the sample is given a 5% raise. Find the sample mean and sample standard deviation for the revised data set. (c) To calculate the monthly salary, divide each original salary by 12. Find the sample mean and sample...

Sample annual salaries (in thousands of dollars) for employees at a company are listed. 42 51 ...

Sample annual salaries (in thousands of dollars) for employees at a company are listed. 42 51 57 47 41 41 42 51 57 31 47 42 46 (a) Find the sample mean and sample standard deviation. (b) Each employee in the sample is given a 55% raise. Find the sample mean and sample standard deviation for the revised data set. (c) To calculate the monthly salary, divide each original salary by 12. Find the sample mean and sample standard...

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