The Xhang Corporation operates five clothing suppliers in China to provide merchandise for Nike. Nike recently sought information from the five plants. One variable for which data was collected was the total money (in U.S. Dollars) the company spent on medical support for its employees in the first three months of the year. Data on number of employees at the plants are shown. These data are as follows: Medical $7,400 $14,400 $12,300 $6,200 $3,100 Employees 123 402 256 109 67 Compute the weighted mean medical payment for these five plants using number of employees as the weights. Why Weighted Mean is better for Xhang Corporation?
The Xhang Corporation operates five clothing suppliers in China to provide merchandise for Nike. Nike recently sought information from the five plants. One variable for which data was collected was the total money (in U.S. Dollars) the company spent on medical support for its employees in the first three months of the year. Data on number of employees at the plants are shown. These data are as follows: Medical $7,400 $14,400 $12,300 $6,200 $3,100 Employees 123 402 256 109 67 Compute the weighted mean medical payment for these five plants using number of employees as the weights. Why Weighted Mean is better for Xhang Corporation?
MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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The Xhang Corporation operates five clothing suppliers in China to provide merchandise for Nike. Nike recently sought information from the five plants. One variable for which data was collected was the total money (in U.S. Dollars) the company spent on medical support for its employees in the first three months of the year. Data on number of employees at the plants are shown. These data are as follows:
Medical |
$7,400 |
$14,400 |
$12,300 |
$6,200 |
$3,100 |
Employees |
123 |
402 |
256 |
109 |
67 |
- Compute the weighted mean medical payment for these five plants using number of employees as the weights. Why Weighted Mean is better for Xhang Corporation?
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