List the employee numbers for your sample find the average, Basic Statistics

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List the employee numbers for your sample find the average

Using the experiences instead of the salaries.

Exercise

Draw a random sample without replacement of 10 employees, using the table of random digits, starting in row 23, column 7.

a. List the employee numbers for your sample.

b. Find the average salary for your sample and interpret this number.

c. Find the standard deviation of salary for your sample and interpret this number.

d. Find the standard error of salary for your sample and interpret this number. In particular, in what way is it different from the standard deviation found in the previous part of this exercise?

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Basic Statistics: List the employee numbers for your sample find the average

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Basic Statistics: List the employee numbers for your sample find the average

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