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    Statistics
  3. Study Set
    Business Statistics Study Set 3
  4. Exam
    Exam 5: Displaying and Describing Quantitative Data
  5. Question
    Consider the Five Number Summary of Hourly Wages ($) for a Sample
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Consider the Five Number Summary of Hourly Wages ($) for a Sample

Question 1

Question 1

Multiple Choice

Consider the five number summary of hourly wages ($) for a sample of advertising / promotion managers. Consider the five number summary of hourly wages ($)  for a sample of advertising / promotion managers.   A) an increase in the median. B) an increase in the standard deviation. C) a decrease in the range. D) a decrease in the IQR. E) an increase in the mean.


A) an increase in the median.
B) an increase in the standard deviation.
C) a decrease in the range.
D) a decrease in the IQR.
E) an increase in the mean.

Correct Answer:

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