Shown Below Are the Boxplot and the Histogram for the Weekly

question 128

Multiple Choice

Shown below are the boxplot and the histogram for the weekly salaries (in dollars) of 24 randomly selected employees of a company:
i) What features of the distribution can you see in both the histogram and the boxplot?
ii) What features of the distribution can you see in the boxplot that you could not see in the histogram?

• A)i)The distribution is unimodal and skewed to the right,with two outliers at $2500 and about $3700.The mean is greater than the median because of the skewedness. ii)You can more easily tell from the boxplot that the median is about $700 with quartiles at about $500 and $1200.
• B)i)The distribution is symmetrical,with two outliers at $2900 and about $3000.The mean and median are about the same. ii)You can more easily tell from the boxplot that the mean is about $500 with quartiles at about $700 and $1800.
• C)i)The distribution is unimodal and skewed to the left,with two outliers at $2500 and about $3700.The mean is lower than the median because of the skewedness. ii)You can more easily tell from the boxplot that the median is about $900 with quartiles at about $1100 and $1600.
• D)i)The distribution is unimodal and skewed to the right,with two outliers at $2900 and about $3000.The mean is greater than the median because of the skewedness. ii)You can more easily tell from the boxplot that the median is about $700 with quartiles at about $500 and $1200.
• E)i)The distribution is symmetrical,with two outliers at $2500 and about $3700.The mean and median are about the same. ii)You can more easily tell from the boxplot that the mean is about $700 with quartiles at about $500 and $1200.

Understand the impact of political revolutions and social movements on social and political orders.

Differentiate between legitimate and illegitimate power and its consequences on social structures.

Recognize the influence of civil society in the political system.

Understand the factors contributing to political democracy and its challenges.

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Definitions:

WACC

By employing the Weighted Average Cost of Capital calculation, a company's cost of capital is assessed, with each type of capital weighted proportionately.

Payback

The period of time required to recover the cost of an investment.

NPV

Net Present Value: a capital budgeting technique that determines the profitability of a project or investment.

WACC

A firm's Weighted Average Cost of Capital is derived by calculating the cost of capital for each capital category and then weighting these costs according to each category's presence in the total capital structure.