Explain how error affect the summary statistics

Reference no: EM131393280

Mistake.

A clerk entering salary data into a company spreadsheet accidentally put an extra "0" in the boss's salary, listing it as $2,000,000 instead of $200,000. Explain how this error will affect these summary statistics for the company payroll:

a) measures of center: median and mean.

b) measures of spread: range, IQR, and standard deviation.

Reference no: EM131393280

Questions Cloud

Describe life for african americans living in the south : "Describe life for African Americans living in the south. How did the government justify segregation? Who were some of the leaders that fought against injustice, and how did their policies and approaches differ?"

Annual numbers of deaths from tornadoes : Here are the annual numbers of deaths from tornadoes in the United States from 1990 through 2000.- Find these statistics by hand (no calculator!):- mean- median and quartiles.

Identify assumptions and categories of thought in sources : HIST 113:The five paragraph essay format is a common convention in short essay writing. The goal is to write a focused, structured, and well-reasoned essay in the space of five interconnected paragraphs. Academic essays are not simply opinion pi..

How many sectors should be present on the encoder disk : What is the minimum bit size that is required for each encoder output buffer? If the motion sensor used is an absolute encoder, how many tracks and how many sectors should be present on the encoder disk?

Explain how error affect the summary statistics : Explain how this error will affect these summary statistics for the company payroll:- measures of center: median and mean.

What is vision value for the strategic management process : BUS 485- What are vision and mission statements? What is their value for the strategic management process? Select an example of strong Vision/Mission (cite your source). What are its positive characteristics?

How error will affect the summary statistics : Assuming that he correctly listed all the other temperatures, explain how this error will affect these summary statistics:- measures of center: mean and median.

Explain the role of gender conversational rituals : Explain the role of gender conversational rituals. Elaborate on the topic and share several ways you, or someone you know, has had to adapt to gender differences in communication (include examples).

What statistic each group is using : An industry publication reports that the average movie costs $35 million to make, but a watchdog group concerned with rising ticket prices says that the average cost is $46.8 million. What statistic do you think each group is using? Explain.

User Account

All Pages