Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The following data are the weekly salaries of a sample of employees working for Home Depot in Framingham, Massachusetts, and a sample of employees working

The following data are the weekly salaries of a sample of employees working for Home Depot in Framingham, Massachusetts, and a sample of employees working for Home Depot in Berlin, New Hampshire: Framingham $955 $980 $940 $975 $965 $990 $1,240 $1,120 Berlin $725 $705 $695 $725 $690 $745 $575 $800

1. For Framingham, compute the mean, median, and the mode.

a.

1020.63, 977.5, 0

b.

1013.54, 975, 965

c.

950, 980, 0

d.

870.45, 990, 965

2. For Berlin, calculate the mean, median and mode:

a.

912.9, 725, 690

b.

707.5, 715, 725

c.

821.2, 715, 725

d.

735.7, 745, 725

3. For Framingham, compute the range, standard deviation, and coefficient of variation.

a.

260, 101.3, 17.1

b.

300, 104.6, 10.2

c.

274, 98.8, 49.1

d.

300, 77.4, 12.6

4. For Berlin, compute the range, standard deviation, coefficient of variation

a.

205, 63.2, 24.1

b.

170, 112.7, 12.8

c.

170, 81.3, 7.1

d.

225, 63.9, 9.03

5. Which of these two cities (Framingham versus Berlin) has the most varying weekly salaries given the sample information presented here? Compare using computed summary measures (means, medians, ranges, standard deviations, coefficients of variation).

a.

Charleston

b.

No difference

c.

Concord

d.

Equally unpredictable

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Fraud Smart

Authors: K. H. Spencer Pickett

1st Edition

0470682582, 978-0470682586

More Books

Students also viewed these Accounting questions

Question

Which of the codes are linear codes? {B.A} C =

Answered: 1 week ago