RES710 Week 2: Measures of Central Tendency and Variability
RES710 Week 2: You have been asked to provide a salary recommendation for a new position in your organization. To inform your recommendation, you conduct a search of job postings from the past 12 months to determine an appropriate salary range that reflects current industry standards (Table 1).
Use the data from Table 1 to calculate:
- The mean
- The variance
- The standard deviation
Provide a response the following questions:
- What does the standard deviation reveal about the range of salaries for the new position?
- What salary recommendation would you make for this this position? Justify your answer.
- What additional steps would you take to determine the sustainability of this new position in the industry? Why might this be important?
Submit your assignment.
This assignment contains a Microsoft Word document
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If you would like to order an original assignment, please contact info@prowriting.co or text (617) 299-6181. Kindly visit our original assignment website www.prowriting.co
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RES710 Week 2: You have been asked to provide a salary recommendation for a new position in your organization. To inform your recommendation, you conduct a search of job postings from the past 12 months to determine an appropriate salary range that reflects current industry standards (Table 1).
Use the data from Table 1 to calculate:
- The mean
- The variance
- The standard deviation
Provide a response the following questions:
- What does the standard deviation reveal about the range of salaries for the new position?
- What salary recommendation would you make for this this position? Justify your answer.
- What additional steps would you take to determine the sustainability of this new position in the industry? Why might this be important?
Submit your assignment.
This assignment contains a Microsoft Word document
Click HERE for more RES710 weeks.
If you would like to order an original assignment, please contact info@prowriting.co or text (617) 299-6181. Kindly visit our original assignment website www.prowriting.co