Which of the following would not be a mistake? a) You notice that entry-level employees in industry A and industry B has equal mean, but those in industry B have a higher standard deviation and IQR. You are convinced that you will be among the highest-paid 25% in your industry. You conclude that your income is likely to be lower if you work in industry A than in industry В. b) You plot a child's height on their birthday from age 1 to 15, then you calculate the standard deviation of these fifteen numbers. c) You play 20 bar gigs this month as well as 3 private gigs. Bar gigs pay an average of $150, while private gigs pay an average of $550. You budget based on average earnings of $350 per gig. d) You have been told that only people with incomes over $200,000 are interested in expensive VIP packages for a festival. You look at the median income of recent college graduates, find that it is less than $75,000 and conclude that no recent college graduates will be interested in an expensive VIP package for a music festival.

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Which of the following would not be a mistake?
a) You notice that entry-level employees in industry A and industry B has equal mean, but those in industry B
have a higher standard deviation and IQR. You are convinced that you will be among the highest-paid 25% in
your industry. You conclude that your income is likely to be lower if you work in industry A than in industry
В.
b) You plot a child’s height on their birthday from age 1 to 15, then you calculate the standard deviation of
these fifteen numbers.
c) You play 20 bar gigs this month as well as 3 private gigs. Bar gigs pay an average of $150, while private
gigs pay an average of $550. You budget based on average earnings of $350 per gig.
d) You have been told that only people with incomes over $200,000 are interested in expensive VIP packages
for a festival. You look at the median income of recent college graduates, find that it is less than $75,000 and
conclude that no recent college graduates will be interested in an expensive VIP package for a music festival.
Transcribed Image Text:Which of the following would not be a mistake? a) You notice that entry-level employees in industry A and industry B has equal mean, but those in industry B have a higher standard deviation and IQR. You are convinced that you will be among the highest-paid 25% in your industry. You conclude that your income is likely to be lower if you work in industry A than in industry В. b) You plot a child’s height on their birthday from age 1 to 15, then you calculate the standard deviation of these fifteen numbers. c) You play 20 bar gigs this month as well as 3 private gigs. Bar gigs pay an average of $150, while private gigs pay an average of $550. You budget based on average earnings of $350 per gig. d) You have been told that only people with incomes over $200,000 are interested in expensive VIP packages for a festival. You look at the median income of recent college graduates, find that it is less than $75,000 and conclude that no recent college graduates will be interested in an expensive VIP package for a music festival.
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