Use the following information to answer the question. Data and summary statistics about college professor's salaries was gathered from nine institutions and is presented below. This salary information is from professors teaching at the Master's level.
Men: x = 67691; s = 14506 Women: x = 65323; s = 13274
-Suppose a female professor is offered a position with an annual salary of $80,000. Compared to the women from the nine institutions in the study, would this be an unusually good salary? Explain.
Definitions:
Merger Premium
The additional amount paid over the current market value of a company during a merger or acquisition.
Shares Outstanding
The total number of a company's shares that are currently owned by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company’s officers and insiders.
Market Price
The price at which an asset or service is currently being traded in the marketplace.
Acquisition
The method of gaining control over another corporation by buying its shares or assets.
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