Consider the Five Number Summary of Hourly Wages ($) for a Sample

question 16

Multiple Choice

Consider the five number summary of hourly wages ($) for a sample of advertising / promotion managers.

Suppose there had been an error and that the lowest hourly wage was $15.50 instead of $19.64.This would result in ________________________ .

• A)an increase in the median
• B)an increase in the standard deviation
• C)a decrease in the range
• D)a decrease in the IQR
• E)an increase in the mean

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Definitions:

Conflict Theory

A perspective in sociology that views society as being in a constant state of conflict due to competition for limited resources.

Macrosociological

Pertaining to the study of large-scale societal structures and processes, including the analysis of social systems and institutions.

Microsociological

Microsociological approaches focus on small-scale interactions and processes among individuals, examining how they influence social structures and relationships.

Primary Labor Market

The segment of the labor market characterized by stable, well-paid jobs, often with benefits and opportunities for advancement, typically requiring higher education and skills.