Consider the following to answer the question(s) below:
A consumer research group investigating the relationship between the price of meat (per kilogram) and the fat content (grams) gathered data that produced the following scatterplot.
-Below is the five-number summary of salaries (in $) for a sample of marketing 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

Consider the following to answer the question(s) below:
A consumer research group investigating the relationship between the price of meat (per kilogram) and the fat content (grams) gathered data that produced the following scatterplot. 
-Below is the five-number summary of salaries (in $) for a sample of marketing 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 is a. We would expect the mean salary to be higher than the median because the distribution is skewed to the right.
b. The median is preferred over the mean when the distribution is skewed.
c. $83,060
d. $22,057

Consider the Following to Answer the Question(s) Below