Below is the five number summary of the hourly wages ($) for advertising / promotion managers.
a. Would you expect the mean salary for this sample of marketing managers to be higher or lower than the median? Explain.
b. Which would be a more appropriate measure of central tendency for these data, the mean or median? Explain.
c. Calculate the range.
d. Calculate the IQR.

Question

Below is the five number summary of the hourly wages ($) for advertising / promotion managers.
  a. Would you expect the mean salary for this sample of marketing managers to be higher or lower than the median? Explain.
b. Which would be a more appropriate measure of central tendency for these data, the mean or median? Explain.
c. Calculate the range.
d. Calculate the IQR.

Quizplus · Accepted Answer

The Answer of Below is the five number summary of the hourly wages ($) for advertising / promotion managers.
  a. Would you expect the mean salary for this sample of marketing managers to be higher or lower than the median? Explain.
b. Which would be a more appropriate measure of central tendency for these data, the mean or median? Explain.
c. Calculate the range.
d. Calculate the IQR.

Below Is the Five Number Summary of the Hourly Wages