Should you delete the unusual observations

Assignment Help Finance Basics
Reference no: EM131166149

Suppose that you collect a random sample of 250 salaries for the salespersons employed by a large PC manufacturer.

Furthermore, assume that you find that two of these salaries are considerably higher than the others in the sample.

Before analyzing this data set, should you delete the unusual observations? Explain why or why not.

Reference no: EM131166149

Questions Cloud

Create a list of the stakeholders that should be considered : Reread the "Your Turn 1-2" box (Implementing a Satellite Data Network). Create a list of the stakeholders that should be considered in a stakeholder analysis of this project.
Create a list of the stakeholders that should be considered : Reread the "Your Turn 1-2" box (Implementing a Satellite Data Network). Create a list of the stakeholders that should be considered in a stakeholder analysis of this project.
Show that congruence modulo n is an equivalence relation : Show that congruence modulo n is an equivalence relation by showing that it defines a partition of the integers into equivalence classes.
How might the business be structured : How might the business be structured? What might be some of the legal issues that could arise in operating the business and selling the product? What are some of the agreements that might be needed?
Should you delete the unusual observations : uppose that you collect a random sample of 250 salaries for the salespersons employed by a large PC manufacturer.- , should you delete the unusual observations? Explain why or why not.
Explain what the net income represents : Highland Inc is a marketing agency and has the following data for the most recent year. Using the data below, create a simple income statement* to compute the net income. Explain what the net income represents
What is chemical equation of aerobic cellular respiration : What is the difference between respiration meaning gas exchange and cellular respiration - what is the chemical equation of the aerobic cellular respiration?
How would you respond to barbara singleton complaint : I mean, doesn't that just apply to their big, expensive systems?" Assuming that you are Barbara's systems analyst friend, how would you respond to her complaint?
How do you think the appellate court ruled : The Office of Workers' Compensation found for Fullilove. Pierce appealed, arguing that a Louisiana statute provided that a "sole proprietor with respect to such sole proprietorship may by written agreement elect not to be covered" under workers' c..

Reviews

Write a Review

Finance Basics Questions & Answers

  What management information is provided by scenario analysis

What management information is provided by the scenario analysis? Why is the expected NPV obtained in the scenario analysis different from the base case NPV? What is the project's differential risk-adjusted NPV?

  Calculate the regular payback period

The Capital Corporation is planning to spend $1,000,000 on expansion. It's WACC is estimated at 13%. Operating cash flows for years 1-4 are estimated at $300,000, followed by $350,000 for the next 4 years.

  Present value of winning amount

The prize will be awarded on your 80th birthday, 60 years from now. What is the present value of your winning amount if the appropriate discount rate is 7 percent?

  Complete the ratio analysis using cross-sectional analysis

Complete the ratio analysis using cross-sectional analysis and trend analysis for Company J, using the market data in the template.

  Compute the cash collections from sales for each quarter

The bad debts are written off in the second quarter after the sales are made. The beginning accounts payable balance is $ 72 million, Assuming all sales are on credit, compute the cash collections from sales for each quarter.

  What is the present value of an annuity of $500

1) What is the present value of an annuity of $500 per year (first cash flow occurs one year from today) for 26  years if the interest rate is 17 % p.a.? 2) What is the future value of an annuity of $150 per year (first cash flow occurs one year from..

  Southwestern bank and trust company is a nationally

southwestern bank and trust company is a nationally chartered bank that is subject to the supervision of the office of

  Caluing business opportunities

Suppose that the role of finance section at Strident Marks. The finance section has a couple of new hires, and the CFO has asked that you spend a short amount of time with them,

  How do venture investors adjust for the belief that entrepre

How do venture investors adjust for the belief that entrepreneurs tend to be overly optimistic in their sales forecasts?

  Question-calculating future value of annuity

You have made a decision that you need to start a savings program to fund that future college education. How much will you have in the savings fund when Jessica is ready to enter college in 18 years?

  Which differs in meaning from the other three

Of the following, which differs in meaning from the other three?

  Transtion to new organizational structure

Vision of new organizational structure, steps to manage the transition from old to new, new policies to implement to facilitate change to new structure

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd