Discussion Question 3 - Discussion Question 3: The Top 25...

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Discussion Question 3: The “Top 25” CEO’s Objectives You will apply your knowledge of measures of central tendency, measures of dispersion, and graphical representation of data to the annual salaries, years with company, and ages of the “Top 25” chief executive officers (CEO’s) in 2001, according to Forbes magazine. Introduction It seems that people are always interested in ranking individuals or groups on the basis of various factors. During the NCAA basketball season, the “Top 25” ranking of men’s college basketball teams is released every Sunday. In the late summer or early fall of each year, various magazines release the “Top 10” new-car models. Even professions are ranked by the Jobs Rated Almanac each year. (It is interesting to note that jobs which rely heavily on mathematics, including “statistician,” are always rated among the “Top 10.”) All of these “top” rankings are based on sets of numerical data that are somehow averaged and combined into a single number. Each year, Forbes magazine ranks the CEO’s of major companies in the United States on the basis of such
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This note was uploaded on 07/28/2010 for the course DUS 28937414 taught by Professor Mr.rock during the Spring '10 term at Acton School of Business.

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Discussion Question 3 - Discussion Question 3: The Top 25...

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