The annual salaries (in ‘000 US dollars) of a random sample of workers in a company are presented in the following table. Use the data to answer the questions that follow. Annual Salary (‘000 US$) Number of workers10 215 620 1025 1030 535 2(a) Find the following measures of central tendency:(i) Mean(ii) Median(iii) Mode(b) As far as this dataset is concerned, which of the three measures of central tendency you have computed is the least useful? Explain why. (c) Calculate the standard deviation(d) Construct a 93% confidence interval for the true population mean.
The annual salaries (in ‘000 US dollars) of a random sample of workers in a company are presented in the following table. Use the data to answer the questions that follow. Annual Salary (‘000 US$) Number of workers10 215 620 1025 1030 535 2(a) Find the following measures of central tendency:(i) Mean(ii) Median(iii) Mode(b) As far as this dataset is concerned, which of the three measures of central tendency you have computed is the least useful? Explain why. (c) Calculate the standard deviation(d) Construct a 93% confidence interval for the true population mean.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section: Chapter Questions
Problem 8SGR
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The annual salaries (in ‘000 US dollars) of a random sample of workers in a company
are presented in the following table. Use the data to answer the questions that follow.
Annual Salary (‘000 US$) Number of workers
10 2
15 6
20 10
25 10
30 5
35 2
(a) Find the following measures of
(i) Mean
(ii) Median
(iii) Mode
(b) As far as this dataset is concerned, which of the three measures of central
tendency you have computed is the least useful? Explain why.
(c) Calculate the standard deviation
(d) Construct a 93% confidence interval for the true population mean.
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