ansexam1f06 - Answers to the First Exam: Question 1....

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Answers to the First Exam: Question 1. Calculations in EXCEL for (a) go (j): Frequency Distribution of Wages of 59 Employees of an Organizaiton Class f m f*m f*m-sqd Cum. Freq. 1000-1500 20 1250 25000 31250000 20 1500-2000 14 1750 24500 42875000 34 2000-2500 10 2250 22500 50625000 44 2500-3000 6 2750 16500 45375000 50 3000-3500 5 3250 16250 52812500 55 3500-4000 4 3750 15000 56250000 59 SUM = 59 15000 119750 2.79E+08 XBAR = 2029.661017 Var(X) = 623027.4693 Std. Dev. = 789.3208912 Modal Class = 1000-1500 Median Class = 1500-2000 Mean Class = 2000-2500 Histogram of Employee Wages 0 5 10 15 20 25 1000- 1500 1500- 2000 2000- 2500 2500- 3000 3000- 3500 3500- 4000 Class Interval for Wages # of Employees in Each Class
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Pie Chart for Employee Wage Distribution 34% 24% 17% 10% 8% 7% 1000-1500 1500-2000 2000-2500 2500-3000 3000-3500 3500-4000 a. As above b. As above c. As above d. As above e. As above f. 7
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This note was uploaded on 04/17/2008 for the course ECON 311 taught by Professor Chattopadhyay during the Spring '08 term at S.F. State.

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ansexam1f06 - Answers to the First Exam: Question 1....

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