Today's Activities: MAD
Mrs. J. Webb-Monroe's Class
Step 1: Still need help!
You may continue to step 2 if you understand how to calculate the MAD.
Step 2: More Practice
Step 3: Why does MAD matter?
Step 4: Who would you work for?
Consider two small companies, each of which is staffed by four employees with similar qualifications and responsibilities. For Company A, the employees’ monthly salaries are $3000, $3100, $3100 and $3200. Company B pays salaries of $2600, $3000, $3300 and $3500. Calculate the MAD.
a) Which companies salaries are more spread out( Larger MAD)?
b) Which companies salaries are leas spread out( small MAD)?
c)Which company treats their employees more fairly?
d)Which one would you work for?