A Small Company Employs a Supervisor at $1300 a Week,an

question 16

Multiple Choice

A small company employs a supervisor at $1300 a week,an inventory manager at $800 a week,7 stock boys at $400 a week,and 5 drivers at $700 a week.Which measure of centre best describes a typical wage at this company,the mean at $600 or the median at $550?

• A)Mean,because the distribution is symmetric.
• B)Median,because of the outlier $1300.
• C)Mean,because there are no outliers.
• D)Median,because the distribution is skewed to the left.
• E)Median,because of the outliers $800 and $1300.

---

Definitions:

Project AAR

The Average Annual Return of a project, calculated by dividing the total return by the number of years.

Accepted

Recognized as valid, suitable, or conforming to a standard or requirement.

Managers

Individuals or groups responsible for directing and overseeing the operations and strategies of a business or part of a business.