Provide an Appropriate Response $\begin{array} { l } 310&320&450&460&470&500&520&540\\580&600&650&700&710&840&870&900\\1000&1200&1250&1300&1400&1720&2500&3700\end{array}$

question 134

Short Answer

Provide an appropriate response.
-The weekly salaries (in dollars)of 24 randomly selected employees of a company are shown below. Construct a boxplot for the data set. $\begin{array} { l } 310&320&450&460&470&500&520&540\\580&600&650&700&710&840&870&900\\1000&1200&1250&1300&1400&1720&2500&3700\end{array}$

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Definitions:

Effective

Having the intended or expected outcome; the ability to achieve specific goals or results.

Fixed

Costs or expenses that do not change with the level of goods or services produced within a certain time period.

Share Building

The process of increasing a company's market share through strategies like marketing, sales promotion, and product innovation.

Product Life Cycle

The progression of a product through stages from introduction to growth, maturity, and decline, impacting marketing and production strategies.