When PricewaterhouseCoopers Saratoga released its 2005/2006 Human Capital Index Report it indicated that the average hiring cost

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When PricewaterhouseCoopers Saratoga released its 2005/2006 Human Capital Index Report it indicated that the average hiring cost for an American company to fill a job vacancy in 2004 was $3,270. Sample data for recent job hires is in a file entitled Hired.

a. Calculate the variance and standard deviation for the sample data.

b. Construct a box and whisker plot. Does this plot indicate that extreme values (outliers) may be inflating the measures of spread calculated in part a?

c. Suggest and calculate a measure of spread that is not affected by outliers.

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Related Book For  book-img-for-question

Business Statistics A Decision Making Approach

ISBN: 9780136121015

8th Edition

Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry, Kent D. Smith

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