Here Are the Summary Statistics for the Monthly Payroll for an Accounting

Multiple Choice

Here are the summary statistics for the monthly payroll for an accounting firm: lowest salary = $15,000
Mean salary = $\$ 35,000$ median = $25,000
Range = $60,000
IQR = $30,000
First quartile = $17,500
Standard deviation = $20,000
Do you think the distribution of salaries is symmetric,skewed to the left,or skewed to the right? Explain why.

A) Skewed to the left; mean is lower than median.
B) Skewed to the right; mean is higher than median.
C) Symmetric; mean is higher than median.
D) Skewed to the left; mean is higher than median.
E) Skewed to the right; mean is lower than median.