1.A- The government of River City, population 750,000, wants toknow how best to allocate funds to serve its residents. Right nowit is trying to determine whether to continue funding the "Concertsin the Park" summer music series. To gather data, it hires a firmthat specializes in marketing research via telephone. The firmmakes 200 calls asking respondents how often they attend theshows.
The size of the sample in question here is relatively(large/small) and the data (are/are not) likely to have significantoutliers or large gaps in the values.
What is the best measure of centrality to use in this case?A-Mean ; B-median; C-Weighted mean ;D-Mode
1.B-Otis needs to know how many people his elevators can carrysafely. He already knows how much weight they can bear beforemalfunctioning, so he needs to divide that by the average weight ofa person. He uses a large pool of data from the federal governmentto calculate that average, which he then uses to estimate thelargest group of people his elevators will safely accommodate.
The size of the sample in question here is relatively(large/small), and the data(are/are not) likely to have significantoutliers or large gaps in the values.
What is the best measure of centrality to use in this case?A-Mean ; B-median; C-Weighted mean ;D-Mode
1.C-The Bakunin Banking Corp. employs 32 people. Uppermanagement includes the CEO, who makes about $1.2 million per yearwith bonuses; the CFO, who earns $850,000; and three departmentheads, who each make between $700,000 and $750,000. The companyalso has two IT staff members, who each make $80,000. The rest ofthe employees work as clerks and earn between $20,000 and $27,000dollars. The clerks are thinking about unionizing, and in makingtheir case, they want to emphasize the disparate incomes at thefirm.
The size of the sample in question here is relatively(large/small), and the data(are/are not) likely to have significantoutliers or large gaps in the values.
What is the best measure of centrality to use in this case?A-Mean ; B-median; C-Weighted mean ;D-Mode