Mathematics
Mathematics, 12.02.2020 05:58, ravensenpai423

Anyway let's suppose you finish your education and you wind up with two separate job offers from Firm A and from Firm B. Everything you know about both companies is identical except for the salary and neither firm will tell you your starting salary until AFTER you agree to work for them so you have no idea what you could get. The only thing each firm is willing to tell you is that "The average starting salary for the last 7 new hires was $50,000".

1) Considering that both have the same AVERAGE starting salary, and everything else is identical, is there any reason to investigate this further? Why or why not?
2) In the context of descriptive statistics (chapter
3) what might be another useful salary statistic, aside from the average salary, to help you make your decision ? Now suppose you've said no to both of the previous companies and you ended up with an offer from two others, Firm C and Firm D. Again everything about them is the same, only this time they give you the salary data for the last 7 new hires. The data for Firm C has been ordered so you have no idea what order the starting salaries occurred. Firm C: $20,000, $30,000, $40,000, $50,000, $60,000, $70,000, $80,000 Firm D: $50,000, $50,000, $50,000, $50,000, $50,000, $50,000, $50,000 3) Now that you've seen the data, which company do you choose to work for? Explain your reasoning

answer
Answers: 1

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 22:20, keyshawn437
Question 4 of 10 2 points what is the second part of the process of investigating a question using data? a. rephrasing the question o b. describing the data c. collecting the data o d. making an inference submit
Answers: 1
image
Mathematics, 21.06.2019 23:00, aisha82
Square a has a side length of (2x-7) and square b has a side length of (-4x+18). how much bigger is the perimeter of square b than square a?and show all work! you so
Answers: 2
image
Mathematics, 21.06.2019 23:10, nekathadon
Frank is lending $1,000 to sarah for two years. frank and sarah agree that frank should earn a real return of 4 percent per year. instructions: a. the cpi (times 100) is 100 at the time that frank makes the loan. it is expected to be 113 in one year and 127.7 in two years. what nominal rate of interest should frank charge sarah?
Answers: 3
image
Mathematics, 22.06.2019 01:30, mads000
Tim knows the volume and base area of a wooden chest that is in the shape of a rectangular prism. if the volume is 524 cubic unit and the base area is 15 square unit, what is the height of the chest? 124 unit 1124 units 112 unit 1112 units
Answers: 1
Do you know the correct answer?
Anyway let's suppose you finish your education and you wind up with two separate job offers from Fir...

Questions in other subjects:

Konu
History, 18.03.2021 01:30
Konu
Advanced Placement (AP), 18.03.2021 01:30