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:

Verified
a.$88,000
b.$9,355.03
c.$94,00...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
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
Q89: For the following frequency distribution,<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2075/.jpg"
Q91: Below you are given the ages of
Q92: The following frequency distribution shows the GMAT
Q93: Jason, a freshman at a local college,
Q93: During a cold winter, the temperature stayed
Q96: Compute the weighted mean for the following
Q97: Exhibit 3-5<br>You are given the following frequency
Q97: The number of hours worked per week
Q98: The following data show the yearly salaries
Q99: The amount of time that a sample