Here are the summary statistics for the weekly payroll of a small company: iowest salary $300, mean salary $900, median = $800, range = $1200, IQR = $800, first quartile = $350, standard deviation = $350. a) Do you think the distribution of salaries is symmetric, skewed to the left, or skewed to the right? Explain why. O A. The distribution is skewed to the right because the mean is greater than the median. O B. The distribution is symmetric because the mean is greater than the median. O C. The distribution is skewed to the left because the mean is greater than the median. O D. There is not enough information to estimate the shape of the distribution. b) Between what two values are the middle 50% of the salaries found? The middle 50% of the salaries are found between $ and $. c) Suppose business has been good and the company gives each employee a $100 raise. Tell the new value of each of the summary statistics. After everyone receives a $100 raise, the new lowest salary is $. After everyone receives a $100 raise, the new mean salan in s

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Here are the summary statistics for the weekly payroll of a small company:
lowest salary $300, mean salary $900, median = $800, range = $1200, IQR = $800, first quartile = $350, standard deviation = $350.
a) Do you think the distribution of salaries is symmetric, skewed to the left, or skewed to the right? Explain why.
O A. The distribution is skewed to the right because the mean is greater than the median.
B. The distribution is symmetric because the mean is greater than the median.
O C. The distribution is skewed to the left because the mean is greater than the median.
O D. There is not enough information to estimate the shape of the distribution.
b) Between what two values are the middle 50% of the salaries found?
The middle 50% of the salaries are found between $
and $.
c) Suppose business has been good and the company gives each employee a $100 raise. Tell the new value of each of the summary statistics.
After everyone receives a $100 raise, the new lowest salary is $
After everyone receives a $100 raise, the new mean salary is $
After everyone receives a $100 raise, the new median is $
After everyone receives a $100 raise, the new range is $
After everyone receives a $100 raise, the new IQR is $
After everyone receives a $100 raise, the new first quartile is $
After everyone receives a $100 raise, the new standard deviation is $
Transcribed Image Text:Here are the summary statistics for the weekly payroll of a small company: lowest salary $300, mean salary $900, median = $800, range = $1200, IQR = $800, first quartile = $350, standard deviation = $350. a) Do you think the distribution of salaries is symmetric, skewed to the left, or skewed to the right? Explain why. O A. The distribution is skewed to the right because the mean is greater than the median. B. The distribution is symmetric because the mean is greater than the median. O C. The distribution is skewed to the left because the mean is greater than the median. O D. There is not enough information to estimate the shape of the distribution. b) Between what two values are the middle 50% of the salaries found? The middle 50% of the salaries are found between $ and $. c) Suppose business has been good and the company gives each employee a $100 raise. Tell the new value of each of the summary statistics. After everyone receives a $100 raise, the new lowest salary is $ After everyone receives a $100 raise, the new mean salary is $ After everyone receives a $100 raise, the new median is $ After everyone receives a $100 raise, the new range is $ After everyone receives a $100 raise, the new IQR is $ After everyone receives a $100 raise, the new first quartile is $ After everyone receives a $100 raise, the new standard deviation is $
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