5) (10 points) The owner of a small company has 15 employees. Five employees ear
ID: 3045911 • Letter: 5
Question
5) (10 points) The owner of a small company has 15 employees. Five employees earn $25,000 per year, seven earn $30,000 per year, three earn $40,000 per year, and the owner´s annual salary is $153,000. a. Find the mean and median salaries of all 16 persons in the company. b. Find the mean and median salaries if the owner´s salary is increased by $80,000 6) (3 points) Is the salary data in problem 5 above a sample or a population? Justify your answer for full credit. I need only 6) to be answer please
Explanation / Answer
Q 6) The salary daya in Problem 5 is a population, because the salaries of all employees are considered under under study.
The population includes all members of the group under study.
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