Reference no: EM131077736

Problem 1:  The employees have indicated that 95% of employees in one of the departments are receiving higher salaries than any other department because their supervisor parties with them each weekend. Some employees only have an hourly rate which you have to calculate their yearly salary before completing the calculations. 

Please calculate the 95% standard deviation for each department and indicate for me if any department is receiving on average $2k  or more on the high end.