HR manager in L&B real-state company is working with finance department in improving the salaries and the following descriptive statistics were obtained. Table (2
HR manager in L&B real-state company is working with finance department in improving the salaries and the following descriptive statistics were obtained. Table (2
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section11.2: Box-and-whisker Plots
Problem 1E
Related questions
Question
Question Five
HR manager in L&B real-state company is working with finance department in improving the salaries and the following
Table (2)
Department |
Mean |
SD |
CoefVar |
Min |
Q1 |
|
Q3 |
Max |
IQR |
Skewness |
Finance |
6.052 |
3.874 |
64.01 |
1.630 |
3.393 |
(a) |
7.500 |
22.860 |
4.107 |
2.00 |
HR |
5.441 |
3.235 |
(b) |
2.000 |
3.200 |
4.100 |
6.430 |
21.860 |
3.230 |
(C) |
IT |
5.880 |
3.887 |
66.10 |
0.530 |
3.250 |
4.630 |
(d) |
24.980 |
3.550 |
2.18 |
Marketing |
6.010 |
3.737 |
62.18 |
1.670 |
3.475 |
5.000 |
6.645 |
22.200 |
3.170 |
2.14 |
Training |
6.095 |
3.719 |
61.02 |
1.500 |
3.330 |
5.000 |
7.640 |
20.000 |
4.310 |
2.00 |
CoefVar stands for coefficient of variation
graph (1)
The company has hired you to answer the following questions:
- Find the missing values of (a), (b), (c) and (d).
- Do you think that the salaries in the departments are skewed, justify your answer with proper measure from table (2).
- Based on the boxplot for the salaries by department in graph (1), comment on the graph in terms of existence of outliers, skewness and which department has higher outliers.
- Based on your answer in (3), comment and compare on the suitable central and absolute dispersion measures depending on table (2).
- Based on table (1), do you think the salaries of which group is more homogenous, support your answer and comment on the
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 3 images
Recommended textbooks for you
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning