Salaries of Office Workers ​ the Following Data Represent the Salaries

question 194

Short Answer

Salaries of Office Workers ​ The following data represent the salaries (in thousands of dollars)of a sample of 13 office workers of a firm: 26.5,23.5,29.7,24.8,21.1,24.3,20.4,22.7,27.2,23.7,24.1,24.8,and 28.2. ​ ​
-{Salaries of Office Workers Narrative} Compute the range.

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Definitions:

Standard Deviation

A measure that quantifies the variance or dispersion of a set of data points from their mean; indicating how spread out the data points are.

Confidence Interval

A sequence of statistical values, derived from a sample analysis, likely to capture the undisclosed value of a population characteristic.

Voters

Individuals who are eligible and participate in an election process to choose representatives or decide on public questions.

Incumbent Governor

The currently serving governor in office, usually in the context of elections to refer to the existing officeholder.