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
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It is given that the office has many lower level employees making less money and has very few higher level management employees who are paid high.
If a histogram is plotted to the given salary information, it is observed that the histogram is right skewed because the less paid employees are greater in numbers and hence the left side of the histogram will be raised and the histogram drops as it goes to the right
There are 3 central tendency measures that is commonly used:
Mean is the average of the data values present in the dataset. To calculate the mean all the data values in the dataset are added and divided by the total number of data values present in the dataset
Median in a dataset is the midpoint of a dataset.
Mode is a central tendency measure that denotes the data value which has the highest frequency
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- A First Course in Probability (10th Edition)ProbabilityISBN:9780134753119Author:Sheldon RossPublisher:PEARSON
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