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Mathematics, 20.09.2020 08:01, biancabahena04
2. Consider the situation involving the employees of a particular company looking for a raise. The company
pays its president $300,000. The vice-president gets paid $204,000. The foreman earns $50,000. The
reaming 40 workers earn an average (mean) of approximately $37,000. All salaries are annually based.
a. The union representative wants to negotiate new wages for the 40 workers of the company. In the
negotiation should the representative emphasize the mean, median or mode of the 40 employees?
Which one would most help their case? Explain your answer.
b. The company's attorney is also part of the negotiations. Which of the three measures would the
attorney stress in the negotiations to help their case? Explain your answer.
c. An independent analyst is hired to offer counsel in the matter. If you are the independent analyst
which of the three measures of Central Tendency would you recommend? Explain your answer with at
least one reason as evidence.
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Answers: 2
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2. Consider the situation involving the employees of a particular company looking for a raise. The c...
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