Author Question: The following data shows the yearly income distribution of a sample of 200 employees at MNM, ... (Read 41 times)

redpassion · **on:** Mar 25, 2023

The following data shows the yearly income distribution of a sample of 200 employees at MNM, Inc.

Yearly Income (In $1,000s)	Number of Employees
20 - 24	2
25 - 29	48
30 - 34	60
35 - 39	80
40 - 44	10

a.	What percentage of employees has yearly incomes of $35,000 or more?
b.	Is the figure (percentage) that you computed in Part a an example of statistical inference? If no, what kind of statistics does it represent?
c.	Based on this sample, the president of the company said that "45% of all our employees' yearly incomes are $35,000 or more." The president's statement represents what kind of statistics?
d.	With the statement made in Part c, can we be assured that more than 45% of all employees' yearly incomes are at least $35,000? Explain.
e.	What percentage of employees of the sample has yearly incomes of $29,000 or less?
f.	How many variables are presented in the above data set?
g.	The above data set represents the results of how many observations?

as4309 · **Reply #1 on:** Mar 25, 2023

A FREE account is required to view all solutions!

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.

Answer Preview

Only 29% of students answer this correctly