Find the descriptive statistics for the given problem such as minimum, maximum and percentile
A management consultant is in the process of restructuring the organizational hierarchy of a large corporation. She identified 3 possible types of organizational structures that are suitable for this large corporation: vertical structure, flat structure, or matrix structure. The selection of a particular type must be based on achieving the highest satisfaction level by employees and their managers. She conducted an expert-opinion elicitation session using seven experts, and received opinions about the best type of structure suitable for the company. The level of satisfaction was measured on a scale of 100 points (lowest, 0; highest, 100) with regard to each structure type as provided in the following table:
|
Structural Organization
|
Level of Satisfaction (0, lowest; 100, highest)
|
|
type
|
Expert 1
|
Expert 2
|
Expert 3
|
Expert 4
|
Expert 5
|
Expert 6
|
Expert 7
|
|
Vertical
|
65
|
70
|
70
|
75
|
75
|
80
|
75
|
|
Flat
|
70
|
85
|
85
|
60
|
75
|
80
|
85
|
|
Matrix
|
80
|
70
|
75
|
75
|
90
|
85
|
85
|
s1 s2 s3 New Restaurant -$80K $20K $160K Expand -$40K $20K $100K
Collective the opinions of the experts by computing the minimum, maximum, 25th percentile, 50th percentile, and 75thpercentile values.