Question: The annual base salaries for 200 students graduating from a reputable MBA program this year are of interest to those in the admissions office who

The annual base salaries for 200 students graduating from a reputable MBA program this year are of interest to those in the admissions office who are responsible for marketing the program to prospective students. The data are in the file P2_74.XLS.

a. Generate a frequency table and histogram for the given distribution of starting salaries. What does the histogram suggest about this distribution of starting salaries?

b. Is it possible to separate these salaries into two or more subgroups? If so, generate a frequency distribution and histogram for each subset of starting Salaries. Also, characterize the shape of each subgroup’s distribution.

c. As an admissions officer of this MBA program, how would you proceed to use these findings to market the program to prospective students?

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