Question

At one of the consulting companies, new hires were from mainly six specializations: Marketing, Finance, HR, Corporate Governance, Court Management, and Innovation and Sustainability. It is found that there are lots of variations in the pay packages that these students get, ranging from Rs. 10-12 lakhs per annum to Rs. 18-20 lakhs per annum. The data about the students taking up different specializations and the range of salaries they were offered in a particular year is shown below in the tabular form. Salary Offered (per annum) 12-14 14-16 16-18 18-20 lakhs lakhs lakhs lakhs 26 35 25 11 19 37 17 8 7 4 1 0 10-12 lakhs 25 13 1 Students 122 Marketing Finance HR Operations & Systems Business Analytics Corporate Governance 94 13 Specialization 1 2 5 1 1 10 1 2 5 2 1 11 2 4 2 1 1 10 a) Use any two graphical methods to represent the above frequency distribution b) Calculate any three measures of the absolute deviation of salary offered for the entire batch. c) Which specialization has the maximum variation in the salaries offered? Which descriptive statistics will help you to arrive at the above decision?

          At one of the consulting companies, new hires were from mainly six specializations: Marketing, Finance, HR, Corporate Governance, Court Management, and Innovation and Sustainability. It is found that there are lots of variations in the pay packages that these students get, ranging from Rs. 10-12 lakhs per annum to Rs. 18-20 lakhs per annum. The data about the students taking up different specializations and the range of salaries they were offered in a particular year is shown below in the tabular form.

Salary Offered (per annum) 12-14 14-16 16-18 18-20 lakhs lakhs lakhs lakhs 26 35 25 11 19 37 17 8 7 4 1 0
10-12 lakhs 25 13 1
Students 122
Marketing Finance HR Operations & Systems Business Analytics Corporate Governance
94 13
Specialization
1
2
5
1
1
10
1
2
5
2
1
11
2
4
2
1
1
10

a) Use any two graphical methods to represent the above frequency distribution
b) Calculate any three measures of the absolute deviation of salary offered for the entire batch.
c) Which specialization has the maximum variation in the salaries offered? Which descriptive statistics will help you to arrive at the above decision?

at one of the consulting companies new hires were from mainly six specializations marketing finance hr corporate governance court management and innovation and sustainability it is found tha 87166

Added by Yolanda L.

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