The Hourly Wages of a Sample of 130 System Analysts

question 55

Multiple Choice

The hourly wages of a sample of 130 system analysts are given below. mean = 60 range = 20
Mode = 73 variance = 324
Median = 74
The coefficient of variation equals

• A) 0.30%
• B) 30%
• C) 5.4%
• D) 54%

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Definitions:

Psychiatrist

A medical doctor specialized in the diagnosis, treatment, and prevention of mental health disorders and emotional problems.

Medical Degree

A qualification awarded to students who have completed studies in the field of medicine, qualifying them to practice as doctors.

Clinical Psychologist

An expert in providing treatment for mental health, emotional issues, and behavior problems by offering therapeutic services.

Hindsight Bias

The inclination to think that one could have predicted an outcome after becoming aware of it.