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

question 4

Multiple Choice

Consider the five number summary of hourly wages ($) for a sample of sales managers. Suppose the mean hourly wage is $38.50.What can we say about the shape of the
Distribution? $$\begin{array} { | c | c | c | c | c | } \hline \text { Min } & \text { Q1 } & \text { Median } & \text { Q3 } & \text { Max } \\\hline 20.94 & 37.64 & 44.77 & 49.34 & 67.11 \\\hline\end{array}$$

• A)The distribution of hourly wages for sales managers is symmetric.
• B)The distribution of hourly wages for sales managers is skewed right.
• C)The distribution of hourly wages for sales managers is skewed left.
• D)The distribution of hourly wages for sales managers is bimodal.
• E)None of the above.

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Definitions:

Labour Planning

A means of determining staffing policies dealing with employment stability, work schedules, and work rules.

Employment Stability

The reliability of job security within an organization, contributing to the long-term retention of employees.

Physical Environment

Refers to all the physical and natural surroundings in which an organization operates, including both workplace conditions and external environmental factors.

Quality of Work Life

A concept that involves improving the workplace environment and conditions, including job satisfaction, safety, and work-life balance to enhance employee well-being and productivity.