List the appropriate median salary for each department

Assignment Help Basic Statistics
Reference no: EM131787572

Departmental Disparity The figure shows the salary for 60 employees of an organization. The organization is divided into four departments-Production (P), Administration (AD), Sales (S), and Accounts (A).

In the Administration department, the potential outlier is CEO, and in the Accounts department, the potential outlier is CA.

Why is it best to compare medians and interquartile ranges for these data, rather than comparing means and standard deviations?

List the appropriate median salary for each department; for example, the median for the Production department is between 15,000 and 20,000.

Also, arrange the departments from lowest interquartile range (on the left) to the highest.

1547_Departmental Disparity.png

Reference no: EM131787572

Questions Cloud

Answers available for matching : In a 5-question matching test, how many different answer sheets are possible if no answer can be used twice and there are
What was the noncontrolling interest in kent net income : X-Beams Inc. owned 70% of the voting common stock of Kent Corp. What was the noncontrolling interest in Kent net income
Good sample for long-time monitoring data : Given the info below for a 24 hour (which we assume is a good sample for a long-time monitoring data), calculate the MTBF and MTTR:
Compute the incremental income after taxes : Johnson Electronics is considering extending trade credit to some customers previously considered poor risks. Sales would increase by $100,000.
List the appropriate median salary for each department : Why is it best to compare medians and interquartile ranges for these data, rather than comparing means and standard deviations?
Prepare the journal entry to correct the error : Prepare the journal entry to correct the error assuming it is not discovered until early 2012. (Ignore income taxes.)
What are the cons or potential downside of each alternative : What are the pros or potential upside of each alternative you listed above, What are the cons or potential downside of each alternative
Prepare the appropriate journal entries for these situations : Eastern Manufacturing is involved with several situations that possibly involve contingencies. Prepare the appropriate journal entries for these situations
What is the level of accounts receivable : Henderson Office Supply is considering a more liberal credit policy to increase sales, but expects that 8 percent of the new accounts will be uncollectible.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd