Essay
Consider the frame of 50 full-time employees of Computer Technologies, Inc (CTI). CTI's human resources manager has collected annual salary figures for all employees and she has calculated a mean of $47,723, a median of $41,082 and a standard deviation of $24,167. A simple random sample of 10 employees is presented below (salary is in $1,000's). Compute the mean, median, and standard deviation for the sample and compare these statistics with the measures for the entire company. 
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Sample statistics: mean = $52,100, media...View Answer
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