Recall the following salary data from 10 Lad Factory employees. Staff 1 2 3 4 5 6 7 8 9 10 Salary 20k 21k 22k 20k 19k 20k 18k 21k 100k 105k Given the mean and median you computed from the data, which measure of central tendency would best serve the purposes of a labor union representative keen on achieving higher salaries for the floor workers? Which would best serve the purposes of the management representatives who are looking to cutting costs? Briefly explain.
Recall the following salary data from 10 Lad Factory employees. Staff 1 2 3 4 5 6 7 8 9 10 Salary 20k 21k 22k 20k 19k 20k 18k 21k 100k 105k Given the mean and median you computed from the data, which measure of central tendency would best serve the purposes of a labor union representative keen on achieving higher salaries for the floor workers? Which would best serve the purposes of the management representatives who are looking to cutting costs? Briefly explain.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 1GP
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Question
Recall the following salary data from 10 Lad Factory employees.
Staff |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
Salary |
20k |
21k |
22k |
20k |
19k |
20k |
18k |
21k |
100k |
105k |
Given the mean and median you computed from the data, which measure of
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