Calculate the mean salary of the cfo

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Reference no: EM13245881

Wageweb exhibits salary data obtained from surveys. It provides compensation information on over 170 benchmark positions, including finance positions. It reports the salaries of chief finance officers for mid-size firms. Suppose that a sample is taken of the annual salaries for 25 CFOs. Assume the data are in thousands of dollars:

173.1 171.2 141.9 112.6 211.1 156.5 145.4 134.0 192.0

185.8 168.3 131.0 214.4 155.2 164.9 123.9 161.9 162.7

178.8 161.3 182.0 165.8 213.1 177.4 159.3

a. Calculate the mean salary of the CFOs.

b. Base on measures of the center of the data; determine if the CFO salary data are skewed.

c. Construct a box and whisker plot and summarize the characteristics of the CFO salaries that it reveals

Reference no: EM13245881

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