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Consider the situation involving the employees of a particular company looking for a raise. The company pays its president $300,000. The vice-president gets paid $204,000.
Consider the situation involving the employees of a particular company looking for a raise. The company pays its president $300,000. The vice-president gets paid $204,000. The foreman earns $50,000. The reaming 40 workers earn an average (mean) of approximately $37,000. All salaries are annually based.
- The union representative wants to negotiate new wages for the 40 workers of the company. In the negotiation should the representative emphasize the mean, median or mode of the 40 employees? Which one would most help their case? Explain your answer.
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