Weights of Workers
the Following Data Represent the Number of Employees

question 86

Essay

Weights of Workers
The following data represent the number of employees of a sample of 25 companies: 164,148,137,157,173,156,177,172,169,165,145,168,163,162,174,152,156,168,154,151,174,146,134,140,and 171.
-The number of hours a college student spent studying during the final exam week was recorded as follows: 7,6,4,9,8,5,and 10.Compute $\bar { x }$ for the data and the value in an appropriate unit.

---

Definitions:

Labor Surplus

A situation where the number of available workers exceeds the number of available jobs, often leading to unemployment or underemployment.

Work Sharing

A program that allows employees to reduce working hours during economic downturns as an alternative to layoffs, with the aim of spreading a reduced amount of work over the same or a larger number of employees.

Hiring Freeze

A policy implemented by organizations to temporarily halt the recruitment of new employees.

Human Resource Planning

The strategic process employed by organizations to ensure the right number of people with the right skills are available to meet current and future business needs.