Question 477282
The salaries of 10 employees of a small company follow. 
$28,000
$64,000
25,000
24,000
31,000
27,000
26,000
81,000
26,000
29,000 
Determine the
a) mean = 36,100 
b) median = 27,500 
c) mode 26,000 
d) midrange (81000+24000)/2 = 52,500 
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
effect of raising the group average, but half of the workers get less than 
the median pay.
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f) If the management did not want to give the employees a raise, which average would they use: the mean or the median? 
Explain. Mean. It masks the low pay of the bottom half of the work force.
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Cheers,
Stan H.
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