Concept explainers
(a)
To calculate: The mean rounded to the nearest dollar for the salaries of research and development department of Richman chemicals where the salaries of the departments are $48397, $27982, $42591, $19522, $32400 and $37582.
(b)
To calculate: The median for the salaries of research and development department of Richman chemicals where the salaries of the departments are $48397, $27982, $42591, $19522, $32400 and $37582.
(c)
The mode for the salaries of research and development department where the salaries of the departments are $48397, $27982, $42591, $19522, $32400 and $37582.
(d)
A statistical interpretation based on the mean median and mode for the salaries of research and development department where the salaries of the departments are $48397, $27982, $42591, $19522, $32400 and $37582.
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Business Math (11th Edition)
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