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HR manager in L&B real-state company is working with finance department in improving the salaries and the following descriptive statistics were obtained. Table (2) Department
HR manager in L&B real-state company is working with finance department in improving the salaries and the following descriptive statistics were obtained. Table (2) Department Mean SD CoefVar Min Q1 Median Q3 Max IQR Skewness Finance 6.052 3.874 64.01 1.630 3.393 4.585 7.500 22.860 4.107 2.00 HR 5.441 3.235 (a) 2.000 3.200 4.100 6.430 21.860 3.230 (b) IT 5.880 3.887 66.10 0.530 3.250 4.630 (C) 24.980 3.550 2.18 Marketing 6.010 3.737 62.18 1.670 3.475 5.000 6.645 22.200 3.170 2.14 Training 6.095 3.719 61.02 1.500 3.330 5.000 7.640 20.000 4.310 2.00 CoefVar stands for coefficient of variation graph (1) The company has hired you to answer the following questions: 1) Find the missing values of (a), (b) and (c). 2) Do you think that the salaries in the departments are skewed, justify your answer with proper measure from table (2). 3) Based on the boxplot for the salaries by department in graph (1), comment on the graph in terms of existence of outliers, skewness and which gender has higher outliers. 4) Based on your answer in (1), comment and compare on the suitable central and absolute dispersion measures depending on table (2). 5) Based on table (1), do you think the salaries of which group is more homogenous, support your answer and comment on the results
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