The annual base salaries for 200 students graduating from a reputable MBA program this year are given

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The annual base salaries for 200 students graduating from a reputable MBA program this year are given in the file P2_74.XLS.

a. Is it appropriate to apply the rules of thumb in this case? Explain.

b. If it is appropriate to apply the rules of thumb here, between what two numbers can we be about 68% sure that the salary of any one of these 200 students will fall?

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Managerial Statistics

ISBN: 9780534389314

1st Edition

Authors: S. Christian Albright, Wayne L. Winston, Christopher Zappe

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Question Posted: Jul 04, 2023 03:36 AM

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The annual base salaries for 200 students graduating from a reputable MBA program this year are given

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Managerial Statistics

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