An Internet company sells computer parts and accessories. The annual salaries for all the employees have the following parameters: Mean: $78,000 Median: $45,000 Standard deviation: $40,800 IQR (interquartile range): $12,000 Range: $24,000 to $2 million What are the best measures of spread and center for the data?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 14PPS
icon
Related questions
Question
An Internet company sells computer parts
and accessories. The annual salaries for all
the employees have the following
parameters:
Mean: $78,000
Median: $45,000
Standard deviation: $40,800
IQR (interquartile range): $12,000
Range: $24,000 to $2 million
What are the best measures of spread and
center for the data?
Transcribed Image Text:An Internet company sells computer parts and accessories. The annual salaries for all the employees have the following parameters: Mean: $78,000 Median: $45,000 Standard deviation: $40,800 IQR (interquartile range): $12,000 Range: $24,000 to $2 million What are the best measures of spread and center for the data?
Expert Solution
steps

Step by step

Solved in 3 steps with 3 images

Blurred answer
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt