(i. A small manufacturing company with 52 employees has annual salaries distributed such that the mean is $25,459, the median is $24,798 and the mode is $24,000. An additional foreman is hired at an annual salary of $50,700. The measure of central tendency that is most affected by the addition of this salary is the median. (ii) In the relationship between the mean and median in a negatively skewed distribution the mean is less than the median.
(iii) In the relationship between the median and the mode in a positively skewed distribution, the median is greater than the mode.
A) (i) , (ii) and (iii) are all correct statements
B) (i) and (ii) are correct statements but not (iii) .
C) (i) and (iii) are correct statements but not (ii) .
D) (ii) and (iii) are correct statements, but not (i) .
E) (i) , (ii) and (iii) are all false statements.
Correct Answer:
Verified
Q127: (i. If a distribution is highly skewed,
Q128: In order to predict life expectancy, a
Q129: (i. The arithmetic mean (measure of central
Q130: (i. The median (measure of central tendency)
Q131: In order to predict life expectancy, a
Q133: (i. The weekly sales from a sample
Q134: In order to predict life expectancy, a
Q135: (i. The median is the measure of
Q136: (i. The weekly sales from a sample
Q137: (i. The mean is the measure of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents