document.write( "Question 477282: Could someone please help me with this problem please? I am having a difficult time understanding it. Thank you so much!!!\r
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\n" ); document.write( "\n" ); document.write( "26.Employee Salaries The salaries of 10 employees of a small company follow.\r
\n" ); document.write( "\n" ); document.write( "$28,000
\n" ); document.write( "$64,000
\n" ); document.write( "25,000
\n" ); document.write( "24,000
\n" ); document.write( "31,000
\n" ); document.write( "27,000
\n" ); document.write( "26,000
\n" ); document.write( "81,000
\n" ); document.write( "26,000
\n" ); document.write( "29,000\r
\n" ); document.write( "\n" ); document.write( "Determine the
\n" ); document.write( "a) mean.\r
\n" ); document.write( "\n" ); document.write( "b) median.\r
\n" ); document.write( "\n" ); document.write( "c) mode.\r
\n" ); document.write( "\n" ); document.write( "d) midrange.\r
\n" ); document.write( "\n" ); document.write( "e) If the employees wanted to demonstrate the need for a raise, which average would they use to show they are being underpaid: the mean or the median? Explain.\r
\n" ); document.write( "\n" ); document.write( "f) If the management did not want to give the employees a raise, which average would they use: the mean or the median? Explain.
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Algebra.Com's Answer #327174 by stanbon(75887)\"\" \"About 
You can put this solution on YOUR website!
The salaries of 10 employees of a small company follow.
\n" ); document.write( "$28,000
\n" ); document.write( "$64,000
\n" ); document.write( "25,000
\n" ); document.write( "24,000
\n" ); document.write( "31,000
\n" ); document.write( "27,000
\n" ); document.write( "26,000
\n" ); document.write( "81,000
\n" ); document.write( "26,000
\n" ); document.write( "29,000
\n" ); document.write( "Determine the
\n" ); document.write( "a) mean = 36,100
\n" ); document.write( "b) median = 27,500
\n" ); document.write( "c) mode 26,000
\n" ); document.write( "d) midrange (81000+24000)/2 = 52,500
\n" ); document.write( "e) If the employees wanted to demonstrate the need for a raise, which average would they use to show they are being underpaid: the mean or the median? Explain. Median--it is the middle salary. Higher salaried employees have the
\n" ); document.write( "effect of raising the group average, but half of the workers get less than
\n" ); document.write( "the median pay.
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\n" ); document.write( "f) If the management did not want to give the employees a raise, which average would they use: the mean or the median?
\n" ); document.write( "Explain. Mean. It masks the low pay of the bottom half of the work force.
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\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
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