The Following Data Show the Yearly Salaries of a Sample

question 49

Short Answer

The following data show the yearly salaries of a sample of EMBA graduates.
$\begin{array}{cc}\text { EMBA Student }&\text { Salary in } \$ 1,000)\\\mathrm{A} & 88 \\\mathrm{~B} & 97 \\\mathrm{C} & 90 \\\mathrm{D} & 110 \\\mathrm{E} & 114 \\\mathrm{~F} & 98 \\\mathrm{G} & 92 \\\mathrm{H} & 95\end{array}$
a. Compute the mean yearly salary and give your answer in dollars.
b. Compute the standard deviation and give your answer in dollars.
c. Compute the 75th percentile and give your answer in dollars. Fully explain what the value that you have determined indicates.

---

Definitions:

Anonymity

The state of being anonymous, where an individual's identity is unknown or concealed.

Digital Soapbox

A modern platform, often online, where individuals can share opinions and influence others, similar to traditional public speaking venues but in digital form.

Wiki

A web platform that allows users to create, edit, and link pages easily, facilitating collective document creation and knowledge sharing.

Web 2.0

The second generation of the Internet, characterized by the growth of social media, user-generated content, and interoperability.