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Below is the five number summary of the hourly wages ($) for sales managers.
Suppose there had been an error and that the lowest hourly wage for sales managers was $18.50 instead of $20.94. Indicate how this change would affect the following summary statistics (increase, decrease, or stay about the same).
a. Mean
b. Median
c. Range
d. IQR
e. Standard deviation
Internal Locus of Control
The belief that one's actions and decisions directly affect the outcomes and successes in their life, as opposed to external forces.
Entrepreneurs
Individuals who initiate, manage, and take on the risks of a business or enterprise.
People in General
refers to the overarching category of individuals or groups without specifying demographics, characteristics, or specifics.
Product Satisfaction
The degree to which a product meets or exceeds the expectations and needs of its users or consumers.
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