Calculate the standard deviations of the salaries

Assignment Help Basic Statistics
Reference no: EM131651129

Question: Pay Scale is a source of online compensation information, providing access to accurate compensation data for both employees and employers. PayScale allows users to obtain compensation information providing a snapshot of the job market. Recently, it published statistics for the salaries of MBA graduates. The file titled Payscale contains data with the same characteristics as those obtained by PayScale for California and Florida.

a. Calculate the standard deviations of the salaries for both states' MBA graduates. Which state seems to have the widest spectrum of salaries for MBA graduates?

b. Calculate the average and median salary for each state's MBA graduates.

c. Examining the averages calculated in part b, determine which state's MBA graduates have the largest relative dispersion.

Reference no: EM131651129

Questions Cloud

Problems for some residents in the district nearby city : So the smelters use alumina as an input, but its use leads to emissions of aluminium flourides (F) as particulates into the air
Find difference between the opening and closing stock prices : Calculate the difference between the opening and closing stock prices for GE over this time period. Then calculate the mean, median, and standard deviation.
How do political element within the us affect cyber security : How do political elements within the U.S. affect cyber security? Accurately describe how political elements within the U.S. can affect cyber security?
How much should the firm be willing to pay to undertake : How much should the firm be willing to pay to undertake this investment? Explain.
Calculate the standard deviations of the salaries : Pay Scale is a source of online compensation information, providing access to accurate compensation data for both employees and employers.
Examine the employment issues presented in the scenario : Analyze whether the employee qualifies as an employee or independent contractor - Discuss whether Dream Massage has potentially violated
What is the role of entrepreneurship in production : What is the role of entrepreneurship in production? What are the key reasons for income inequality in USA?
Calculate the sample mean miles per gallon for both city : Calculate the sample mean miles per gallon (mpg) for both city and highway driving for the 30 cars. Also calculate the sample standard deviation.
How much money is in the college account day : On each of her birthdays thereafter, up to and including her 18th birthday, you deposit an additional $1,000. How much money is in the college account day after

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd