TABLE 3-4 The Ordered Array Below Represents the Number of Cargo Manifests

question 84

Short Answer

TABLE 3-4
The ordered array below represents the number of cargo manifests approved by customs inspectors of the Port of New York in a sample of 35 days:
16, 17, 18, 18, 19, 20, 20, 21, 21, 21, 22, 22, 22, 22, 23, 23, 23, 23, 24, 24, 24, 25, 25, 26, 26, 26, 27, 28, 28, 29, 29, 31, 31, 32, 32
Note: For this sample, the sum of the values is 838, and the sum of the squared differences between each value and the mean is 619.89.
-Referring to Table 3-4, the median of the customs data is ________.

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Definitions:

Minimum Wage

The smallest amount of money that can be legally paid to employees by their employers.

Unemployment

The condition of someone of working age who is willing to work at prevailing wage rates but cannot find employment.

Binding Minimum Wage

A binding minimum wage is set at a level above the equilibrium wage in the labor market, effectively creating a floor on wages that employers must pay their workers.

High Skills

Refers to advanced capabilities and expertise in a particular field, often requiring extensive education or training.