Business, 20.02.2020 20:03 kenziedil2637

The mean and the median are closely related concepts. The median is the numerical value separating the higher half of your data from the lower half. You can find the median by arranging all of the observations from lowest value to highest value and picking the middle value (assuming you have an odd number of observations). Although the mean and median are closely related, the difference between the mean and the median is sometimes of interest. Suppose country A has five families. Their incomes are $10 comma 00010,000, $20 comma 00020,000, $30 comma 00030,000, $41 comma 00041,000, and $49 comma 00049,000. Country A's median income is $ 3000030000, and its mean income is $ 3000030000.(Round your responses to the nearest dollar.) Suppose country B also has five families. Their incomes are $10 comma 00010,000,$20 comma 00020,000, $30 comma 00030,000, $41 comma 00041,000, and $149 comma 000149,000. Country B's median income is $ 3000030000, and its mean income is $ nothing. (Round your responses to the nearest dollar.)

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 16:00

In microeconomics, the point at which supply and demand meet is called the blank price

Answers: 3

Answer

Business, 22.06.2019 22:30

Which of the following describes one of the ways that the demographics of an area affect the price of housing in that area? a. when more people have children, their incomes tend to be higher and the housing prices are also higher. b. older people are more likely to stay in their houses, creating a seller's market that keeps prices low. c. an area with a lower population density won't have enough construction workers to build new houses quickly. d. an area with younger people will have a higher demand for rentals and a lower demand for buying.

Answers: 1

Answer

Business, 22.06.2019 23:20

You work as the sales manager for a company that sells office supplies to businesses of all sizes. because the profit margins are razor-thin, you need to ensure that you are getting the very best prices on paper, pencils, pens, post-it notes, and other office supplies from the manufacturers. when reviewing the quarterly profit statement, you realize that your costs are higher than they should be, and you trace the higher costs back to an employee who has been lax about getting competitive bids to ensure the lowest prices. when you conduct your research to determine the reason for the higher costs, and take action to bring those costs back down, in which of the key management processes are you taking part?

Answers: 3

Answer

Business, 22.06.2019 23:30

Sally mitchell works as a manager at an environmental organization. she is currently working on a global warming project and decides which tasks related to creating awareness about the issue need to be done. in addition, she is also deciding which members of her team will work on engaging with the public and which will work on lobbying with the government. she is also assigning people as team members to ensure that tasks are undertaken on time. which of the following categories of functions is mitchell undertaking? envisioning organizing controlling planning

Answers: 1

Answer

You know the right answer?

The mean and the median are closely related concepts. The median is the numerical value separating t...

Questions