Stats: Data and Models (3rd Edition)

Published by Pearson
ISBN 10: 0321692551
ISBN 13: 978-0-32169-255-9

Chapter 4 - Displaying and Summarizing Quantitative Data - Exercises - Page 75: 31

Answer

a) Mean: $525$, median: $450 $ b) 2 employees earn more than the mean. c) The median is smaller because of the outlier. d) The IQR will be the least sensitive to the outlier of $1200$, so it would be the best to report.

Work Step by Step

a) Mean: $525$, median: $450 $ b) 2 employees earn more than the mean. c) The median is smaller because of the outlier. d) The IQR will be the least sensitive to the outlier of $1200$, so it would be the best to report.
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