Following is the five-number summary of salaries (in $) for a sample of U.S.
marketing managers displayed in question 1.
A. Would you expect the mean salary for this sample of marketing managers to be higher
or lower than the median? Explain.
b. Which would be a more appropriate measure of central tendency for these data, the
mean or median? Explain.
c. Calculate the range.
d. Calculate the IQR.
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