Module 2 assignment | management science through spreadsheets | Southern New Hampshire University - Manchester, NH
- Create a new tab labeled MMM, and set up an empty table like the one in the Data tab. Populate the table by linking the cells to the data in the Data tab, then complete the following: a) Calculate the mean, median, and mode of the hourly wages. Then, multiply the total project hours times each one. b) Provide a written rationale statement for how you calculated mean, median, and mode. c) Provide a summary describing how each measure (mean, median, and mode) could be used for this project, and include your recommendation on which is the most appropriate and why.
Scenario
You are examining labor costs for a construction project using eight employees:
The eight employees’ names are: Smith, Rodriquez, Daniel, Eli, Lee, Kim, Buster, and Green. Each employee worked eight hours a day for five days. The employees’ wages per hour are as follows: Smith: $8.95 Rodriguez: $11 Daniel: $14 Eli: $16 Lee: $19 Kim: $20 Buster: $25 Green $40 Green, Kim, Eli, and Lee are full-time employees, and the others are contract employees. Rubric Guidelines for Submission: Your assignment must be submitted as the same Microsoft Excel document you used for the Module One assignment. Use 11-point Calibri font.
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