The following data show the yearly salaries of a sample of MBA graduates.
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:
Work Teams
Groups of people who collaborate closely to achieve a shared objective, often with complementary skills and roles.
Self-managed Teams
Groups of employees who are given the authority and responsibility to manage themselves without direct supervision.
Virtual Teams
Work groups that use technology to communicate and collaborate across time, space, and organizational boundaries.
Disjunctive Tasks
Tasks in which group performance is dependent on the performance of the best group member.
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