Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 04, 2024

5.The Company collected a sample of the salaries of its employees. There are 70 salary data points summarized in the frequency distribution below: Salary Number

5.The Company collected a sample of the salaries of its employees. There are 70 salary data points summarized in the frequency distribution below:

Salary

Number of Employees

5,001-10,000

8

10,001-15,000

12

15,001-20,000

20

20,001-25,000

17

25,001-30,000

13

a.Find the standard deviation.

b.Find the variance.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Statistics Principles And Methods

Authors: Richard A. Johnson, Gouri K. Bhattacharyya

7th Edition

8126557745, 470904119, 978-0470904114

Students also viewed these Mathematics questions

Question

★★★★★

At December 31, 2010, before any year-end adjustments, the Accounts Receivable balance of Alpha Company is $210,000. The Allowance for Doubtful Accounts has a $13,500 credit balance. Alpha Company...

Answered: 1 week ago

Question

★★★★★

board certification by the American Board of Forensic Psychology. (This aspect is preferred but not required.)

Answered: 1 week ago

Question

★★★★★

The following transactions were selected from among those completed by Hailey Retailers in 2014: Nov. 20 Sold two items of merchandise to Baja, who charged the $ 450 sales amount on her Visa credit...

Answered: 1 week ago

Question

★★★★★

Why are brevity and gratitude key elements of an effective acceptance speech? Is it appropriate for recipients to use the platform of their acceptance speech to further a cause they care about? What...

Answered: 1 week ago

Question

★★★★★

Donovan Ramsey, the Chief Financial Officer of LevelUp Business Consulting, has advised you that the company is considering closing its Calgary, Alberta office at the beginning of the next calendar...

Answered: 1 week ago

Question

★★★★★

A company's management team should seriously consider bidding for a private-label footwear contract in a particular geographic region when the data in the Comparative Competitive Efforts section of...

Answered: 1 week ago

Question

★★★★★

Project Assignment 1 For this week we will log into the Planview Daptiv PPM tool, familiarize ourselves with navigating within the tool, and begin building out a project. We will take the fictious...

Answered: 1 week ago

Question

★★★★★

A person is creating small parts for a project. The work is boring but necessary. His boss hopes to speed up this activity by hiring another skilled employee, and in doing SO Will: Elevate the...

Answered: 1 week ago

Question

★★★★★

Mr. Vinayak is working as Chief Personnel Officer in Bank of Maharashtra. The following are the particulars of his income : Basic salary Rs.25000 p.m DA Rs.4000 p.m Special Executive allowance -...

Answered: 1 week ago

Question

★★★★★

Mr. Cruz has been working on a research related to job satisfaction of different employees from different departments. Since the company has hundreds of employees in total the number of employees per...

Answered: 1 week ago

Question

★★★★★

a. Suppose, as a result of various dynamic factors associated with exposure to international competition, Albania's economy grew, and is now represented by the rightmost production possibility...

Answered: 1 week ago

Previous Question Next Question