Level B A big corporation is moving to
Silicon Valley in California. A
number of employees located
on the East Coast will be
transferring to the new site in
Silicon Valley. The company
always gives a housing
allowance to transferred
employees. The housing
allowance is half of the
"typical house price" in the
region. The company surveyed
the housing prices in the area.
The house prices are listed
below:
5625,000 $590,000 $460,000 $790,000 $425,000 $1,050,000
$495.000 $740,000 $495,000 $405,000 $860,000 $580,000
$580,000 $575,000 $550,000 $495,000 $1,285,000 $350,000
Determine a single measure that best represents the home prices. Consider
different stakeholders such as the Financial Manager who wants to maintain a
budget, the Human Resources Director who wants to recruit employees to transfer
and the employee himself who will be moving into the new house. For each
stakeholder, which single measure should be used to determine the housing
allowance?
Display your results in a graphic form that best defends your decision for each of
the three stakeholders. Write a statement that justifies each decision.