Descriptive statistics for problem like minimum-maximum

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Reference no: EM1320162

A management consultant is in the process of restructuring the organizational hierarchy of a large corporation. She identified three possible types of organizational structures that are suitable for this large corporation: vertical structure, flat structure, or matrix structure. The selection of a particular type should be based on achieving the highest satisfaction level by employees and their managers. She conducted an expert-opinion elicitation session using seven experts, and received opinions about the best type of structure suitable for the company. The level of satisfaction was measured on a scale of 100 points (lowest, 0; highest, 100) with regard to each structure type as provided in the following table:

Structural Organization	Level of Satisfaction (0, lowest; 100, highest)
type	Expert 1	Expert 2	Expert 3	Expert 4	Expert 5	Expert 6	Expert 7
Vertical	65	70	70	75	75	80	75
Flat	70	85	85	60	75	80	85
Matrix	80	70	75	75	90	85	85

s1 s2 s3 New Restaurant -$80K $20K $160K Expand -$40K $20K $100K

Aggregate the opinions of the experts by computing the minimum, maximum, 25^th percentile, 50^th percentile, and 75^th percentile values.

Reference no: EM1320162

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