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Author Question: Dave is a college student contemplating a possible career option. One factor that will influence his ... (Read 89 times)

Arii_bell

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on: Jan 18, 2020

Question 1

Suppose that a state introduces a state income tax which will be at a flat rate The state legislature wishes to estimate how much money they will receive in taxes, and to do this they need to know the average income of residents of the state. Which information would be most useful, the mean income, the median income, or the mode of the incomes?  Why?

Question 2

Dave is a college student contemplating a possible career option. One factor that will influence his decision is the amount of money he is likely to make. He decides to look up the average starting salary of graduates in that profession. Which information would be most useful to him, the mean starting salary, the median starting salary, or the mode of the starting salaries. Why?
Statistical Reasoning for Everyday Life ¦ Bennett, Briggs, Triola ¦ 5th Edition
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Marked as best answer by Arii_bell on Jan 18, 2020

Galvarado142

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Reply #1 on: Jan 18, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Arii_bell

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Reply 2 on: Jan 18, 2020
Excellent

elyse44

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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