Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Scenario 1: The table below gives the rating of the performance and salary for a sample of 10 employees of the company through last
Scenario 1: The table below gives the rating of the performance and salary for a sample of 10 employees of the company through last year. . Employee ID Performance Salary in out 100 A 70 820 B 80 905 C 95 1200 D 50 560 E 38 375 F 29 280 G 83 1150 H 90 1200 I 70 A55 J 65 755 Instructions 1- Find the mean, mode and the median for the salaries and the performance. 2- How do you find the overall performance of the employees if the targeted overall performance is 85 in accordance with the results you got earlier? (Mean, mode, and median)? 3- Using the representative values you've found, what is the average of the salaries?, and what is the range of salaries where most of the salaries are lie? And if you know that the average of the salaries in the industry is near 700 make comment about your result. 4- If the manager wants the most of the employees to be under the average of the current average of salaries with no change on it. How could you solve this problem? 5- Find the range and the standard deviation for the performance variable. Make comments about the results. (Guide line: you need to comment on how the data are dispersed and how it affect the company) 6- Explain how we can draw conclusions about the entire organization using the findings before.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored 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