The file includes the total compensation (in $millions) of CEOs of 194 large public companies and the
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Source: Data extracted from nytimes.com/2012/06/17/business/ executive-pay-still-cIimbing-despite-a-shareholder-din.html.
a. Compute the mean, median, first quartile, and third quartile.
b. Compute the range, interquartile range, variance, standard deviation, and coefficient of variation.
c. Construct a box plot. Are the data skewed? If so, how?
d. Based on the results of (a) through (c), what conclusions can you reach concerning the total compensation (in $millions) of CEOs?
e. Compute the correlation coefficient between compensation and the investment return in 2011.
f. What conclusions can you reach from the results of (e)?
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a b c The data are extremely rightskewed d The average total compensation is 1983 million Half of th...View the full answer
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Related Book For
Statistics For Managers Using Microsoft Excel
ISBN: 9780133130805
7th Edition
Authors: David M. Levine, David F. Stephan, Kathryn A. Szabat
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