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The Following Data Show the Yearly Salaries of a Sample

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The following data show the yearly salaries of a sample of EMBA graduates.  EMBA Student Salary (in $1,000 ) A88 B97C90D110E114 F98G92H95\begin{array}{l}\text { EMBA Student }&\text {Salary (in } \$ 1,000 \text { ) }\\\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.

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Definitions:

Economic Development

The process by which the economic well-being and quality of life of a nation, region, or local community are improved, typically measured by increases in per capita income, employment, and other indicators of economic health.

Privatization

The process of transferring ownership of a business, enterprise, agency, public service, or public property from the government to private individuals or organizations.

Export Promotion

Strategies and policies aimed at encouraging the export of goods and services in order to improve a country’s trade balance and foster economic growth.

Infant Industries

New or emerging sectors or businesses that may not yet be competitive on a global scale and are often protected or supported by government policies until they can compete internationally.

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