What would the logarithms of these three values be

Reference no: EM131065449

You wish to explain to your boss what effect taking the base-10 logarithm of the salary values in the company's database will have on the data. As simple, example values, you compare a salary of $10,000 earned by a part-time shipping clerk, a salary of $100,000 earned by a manager, and the CEO's $1,000,000 compensation package. Why might the average of these values be a misleading sum- mary? What would the logarithms of these three values be?

Reference no: EM131065449

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