Essay
The following data show the yearly salaries of a sample of MBA graduates.
a.Compute the mean yearly salary and give your answer in dollars.
b.Compute the standard deviation and give your answer in dollars.
c.Compute the 75th percentile and give your answer in dollars. Fully explain what the value that you have determined indicates.
Correct Answer:

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a.$88,000
b.$9,355.03
c.$94,00...View Answer
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Correct Answer:
Verified
b.$9,355.03
c.$94,00...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
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