The Hourly Wages of a Sample of 130 System Analysts

question 115

Multiple Choice

The hourly wages of a sample of 130 system analysts are given below. The coefficient of variation equals

• A)0.30%
• B)30%
• C)5.4%
• D)54%

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Definitions:

Industrial Plants

Facilities that contain machinery and equipment for manufacturing or processing goods and materials.

Lack of Infrastructure

Refers to the insufficiency or absence of physical and organizational structures and facilities required for the operation of a society or enterprise.

Economic Growth

An increase in the production of goods and services in an economy over a period of time, often measured as the rate of increase in real GDP.

Law Enforcement

The system by which some members of society act in an organized manner to enforce the law by discovering, deterring, rehabilitating, or punishing people who violate the rules and norms governing that society.