A company paid bonus to its employees as under : Monthly Salary Monthly Salary Bonus paid Bonus paid 10000-12000 12000-14000 14000-16000 16000-18000 5000 6000 7000 8000 18000-20000 20000-22000 22000 and over 9000 10000 11000 The actual salaries of the employees were as given below: : 20500, 19000, 19500, 21800, 18700, 16800, 25000, 16800, 19000, 16800, 17000, 7500, 17800, 17500, 15000, 12500, 14800, 16500, 15600, 14500, 12500, 11000, 16200, 13000, 15000, 18400. Restate the data in the form of a frequency distribution and find out: (1) The total bonus paid. (m The average salary paid per employee. (ii) The standard deviation of the distribution.
A company paid bonus to its employees as under : Monthly Salary Monthly Salary Bonus paid Bonus paid 10000-12000 12000-14000 14000-16000 16000-18000 5000 6000 7000 8000 18000-20000 20000-22000 22000 and over 9000 10000 11000 The actual salaries of the employees were as given below: : 20500, 19000, 19500, 21800, 18700, 16800, 25000, 16800, 19000, 16800, 17000, 7500, 17800, 17500, 15000, 12500, 14800, 16500, 15600, 14500, 12500, 11000, 16200, 13000, 15000, 18400. Restate the data in the form of a frequency distribution and find out: (1) The total bonus paid. (m The average salary paid per employee. (ii) The standard deviation of the distribution.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question

Transcribed Image Text:A company paid bonus to its employees as under:
Monthly Salary
Monthly Salary
Bonus paid
Bonus paid
10000-12000
12000-14000
14000-16000
16000-18000
5000
6000
7000
8000
18000-20000
20000-22000
22000 and over
9000
10000
11000
The actual salaries of the employees were as given below:
: 20500, 19000, 19500, 21800, 18700, 16800, 25000, 16800, 19000, 16800, 17000,
7500, 17800, 17500, 15000, 12500, 14800, 16500, 15600, 14500, 12500, 11000, 16200,
13000, 15000, 18400.
Restate the data in the form of a frequency distribution and find out:
(1) The total bonus paid.
O The average salary paid per employee.
(ii) The standard deviation of the distribution.
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 3 steps with 4 images

Recommended textbooks for you

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON

The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman

Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman