Compare the means and standard deviations

Reference no: EM131787716

Professors' Salaries : The annual salaries (in Great Britain pounds [GBP]) of 22 professors and 35 assistant professors working in various institutes across the world (for 2012-2013) are given.

(Source: Professor Median Salary by Disciplines, Level, and Institution, 2012-2013, accessed via StatCrunch, Owner: statcrunchhelp)

a. Compare the means and standard deviations in context.

b. Remove the outlier of 142,033 GBP for professors, make the comparison again, and comment on the effect of removing the outlier.

377_Professors’ Salaries.png

Reference no: EM131787716

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