Question
Q1 - The box-and-whisker chart shows salary distributions for the different categories of employees at a public accounting firm: staff, manager, senior manager, and partner.
Q1 - The box-and-whisker chart shows salary distributions for the different categories of employees at a public accounting firm: staff, manager, senior manager, and partner.
Insights for this data set could include:
- The salaries for partners are significantly higher than for the other categories.
- There is little variation in the salaries for staff members.
- The salaries for partners are skewedthere is more variation among the high salaries than among the low salaries.
- There is an outlier for the senior manager category.
Which of these insights can be derived from the box-and-whisker chart?
a. 1 and 2
b. 1 and 3
c. 1 and 4
d. 1, 2, and 3
e. 1, 2, and 4
f. 1, 2, 3, and 4
Q2 - Which of the following aspects is not relevant for a time series data relationship?
a. Trend
b. Seasonal pattern
c. Magnitude of discrepancies
d. Irregularities
e. Forecasts
Q3 - Flame, a U.S. company that sells electronic products worldwide, gives you this data set.
What data relationship is not relevant for this data set?
a. Nominal comparison
b. Ranking
c. Geospatial
d. Part-to-whole
e. Deviation
f. All of these are relevant.
Salary \begin{tabular}{|l|r|} \hline Region & 2020 Profits \\ \hline North-America & 19,922,189 \\ \hline South-America & 89,900,011 \\ \hline Western-Europe & 3,008,223 \\ \hline Eastern-Europe & 2,347,781 \\ \hline Africa & 890,002 \\ \hline Asia & 122,343 \\ \hline \end{tabular}Step by Step Solution
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