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Question - You just agreed to take a position of Economic Advisor for InoSmart Inc. The General Manager of the company asked you to describe the nature of salaries paid by the company to its employees last year. The Chief Accountant of the company delivers to you the aggregate monthly salaries data as follows:
Month
Aggregate Salaries
January
743430
February
705320
March
67950
April
780240
May
801970
June
69440
July
816550
August
734380
September
791110
October
753370
November
717640
December
805500
Required -
Summarize the data and provide statistical conclusion based on your statistical output. (Show your statistical procedures that led you to the conclusion.)
Provide your results to the General Manager (in one or two sentences).
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