Refer to Table 7-3. Cross out salaries for Company F and Company G. What is mean and median for the set of Companies A through E? TABLE 7-3 Raw Compensation Survey Data for Accountantsin Atlanta, GeorgiaCompanyJob TitleAnnual Salary ($)AAccountant I33,000AAccountant I34,500AAccountant II36,000AAccountant III43,500ВAccountant I33,000BAccountant I33,000Accountant I36,000ВAccountant II37,500ВAccountant I36,000BAccountant II37,500ВAccountant III45,000ВAccountant III43,500CAccountant I34,500CAccountant II37,500CAccountant III43,500DAccountant I36,000DAccountant I36,000DAccountant III55,000EAccountant I33,000EAccountant I33,000EAccountant I34,500EAccountant II36,000EAccountant II36,000EAccountant II37,500EAccountant III45,000FAccountant I34,500FAccountant II37,500FAccountant III45,000FAccountant III45,000FAccountant III43,500GAccountant I34,500GAccountant I33,000Accountant II37,500GAccountant II37,500GAccountant III43,500

Given information: Salaries A 33000 A 34500 A 36000 A 43500 B 33000 B 33000 B…

Answered: Cross out salaries for Company F and…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Question

Refer to Table 7-3. Cross out salaries for Company F and Company G. What is mean and median for the set of Companies A through E?

TABLE 7-3 Raw Compensation Survey Data for Accountants
in Atlanta, Georgia
Company
Job Title
Annual Salary ($)
A
Accountant I
33,000
A
Accountant I
34,500
A
Accountant II
36,000
A
Accountant III
43,500
В
Accountant I
33,000
B
Accountant I
33,000
Accountant I
36,000
В
Accountant II
37,500
В
Accountant I
36,000
B
Accountant II
37,500
В
Accountant III
45,000
В
Accountant III
43,500
C
Accountant I
34,500
C
Accountant II
37,500
C
Accountant III
43,500
D
Accountant I
36,000
D
Accountant I
36,000
D
Accountant III
55,000
E
Accountant I
33,000
E
Accountant I
33,000
E
Accountant I
34,500
E
Accountant II
36,000
E
Accountant II
36,000
E
Accountant II
37,500
E
Accountant III
45,000
F
Accountant I
34,500
F
Accountant II
37,500
F
Accountant III
45,000
F
Accountant III
45,000
F
Accountant III
43,500
G
Accountant I
34,500
G
Accountant I
33,000
Accountant II
37,500
G
Accountant II
37,500
G
Accountant III
43,500

Definition Definition Middle value of a data set. The median divides a data set into two halves, and it also called the 50th percentile. The median is much less affected by outliers and skewed data than the mean. If the number of elements in a dataset is odd, then the middlemost element of the data arranged in ascending or descending order is the median. If the number of elements in the dataset is even, the average of the two central elements of the arranged data is the median of the set. For example, if a dataset has five items—12, 13, 21, 27, 31—the median is the third item in ascending order, or 21. If a dataset has six items—12, 13, 21, 27, 31, 33—the median is the average of the third (21) and fourth (27) items. It is calculated as follows: (21 + 27) / 2 = 24.

Expert Solution

Step 1

Given information:

	Salaries
A	33000
A	34500
A	36000
A	43500
B	33000
B	33000
B	36000
B	37500
B	36000
B	37500
B	45000
B	43500
C	34500
C	37500
C	43500
D	36000
D	36000
D	55000
E	33000
E	33000
E	34500
E	36000
E	36000
E	37500
E	45000