Suppose you are representing the employees at a large corporation during contract negotiations. You have a list of the salaries of all the employees at the corporation (The salaries include the many lower level employees and the few high paid management employees) and you plan to find a measure of center (e.g. mean, median, or mode). a. Which measure or center would you use to represent the employees in an effort to support your claim that the average salary of lower level employees is much lower than the national average (for lower level employees) and thus should be increased? Mean Mode Median b. Why is this the better choice?
Contingency Table
A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.
Binomial Distribution
Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.
Suppose you are representing the employees at a large corporation during contract negotiations. You have a list of the salaries of all the employees at the corporation (The salaries include the many lower level employees and the few high paid management employees) and you plan to find a measure of center (e.g.
a. Which measure or center would you use to represent the employees in an effort to support your claim that the average salary of lower level employees is much lower than the national average (for lower level employees) and thus should be increased?
- Mean
- Mode
- Median
b. Why is this the better choice?
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