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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b.$9,355.03
c.$94,00...
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