A Judge Has Been Hired to Resolve the Salary Negotiations

question 102

Multiple Choice

A judge has been hired to resolve the salary negotiations between a company and its labor union. The great majority of union members have relatively low salaries; however, a small percentage of union members have very high salaries. In order to influence the judge in their favor, the company management would want to use the ______ to summarize workers' current wages, while the union would use the ______.

• A) mean; median
• B) mean; mode
• C) mode; mean
• D) median; mode

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Definitions:

Incorporated

A business that has been formed into a legal corporation, providing its owners with limited liability.

Limited Liability Company (LLC)

An unincorporated business that is taxed like a partnership, with the members paying personal income taxes, and has the limited liability of a corporation.

Unincorporated

Referring to entities or businesses that have not formed or been recognized as a corporation under law.

Taxed

Subjected to financial charges or levies imposed by a government on income, transactions, or property.