Solved

A Clerk Entering Salary Data into a Company Spreadsheet Accidentally

Question 138

Essay

A clerk entering salary data into a company spreadsheet accidentally omitted a "0" in the CEO's salary,listing it as $155,000 instead of $1,550,000.Explain how this error will affect these summary statistics for the company payroll: a)measures of centre: median and mean; and b)measures of spread: range,IQR,and standard deviation.

Correct Answer:

verifed

Verified

a)Median will probably be unaf...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions