Question: Please interpret the results, calculated in the image attached Compute the mean and standard deviation of the data in the Cost of Living Adjustments Excel
Please interpret the results, calculated in the image attached

Compute the mean and standard deviation of the data in the Cost of Living Adjustments Excel file. Then compute the z-scores for the comparative salaries and healthcare and interpret your results Interpretation Cost of Living Adjustments z-scores City Comparative Salary Groceric Housing Utilities Transpo Healthcare Comparative Salary Healthcare Atlanta $60,482.00 15% 25% -10% 6% 5% -0.53 -0.27 Austin $57,530.00 -8% 13% -1% -1% 6% -0.68 -0.17 Boston $85,904.00 16% 141% 43% 11% 33% 0.79 2.65 Charleston $60,904.00 18% 22% 11% -7% 10% -0.51 0.25 Charlotte $58,012.00 11% 5% 2% -2% 6% -0.66 0.17 Chicago $70,000.00 23% 73% 1% 18% 2% -0.04 -0.58 Columbus $54,578.00 1% -1% -5% 6% -1% -0.84 -0.90 Dallas $58,072.00 12% 4% -3% 1% 5% -0.65 -0.27 DC $87,892.00 20% 214% -6% 13% -3% 0.89 -1.11 Denver $65,843.00 7% 64% -8% 1% 11% -0.25 0.36 Detroit $57,590.00 2% 15% 0% 6% -1% -0.68 -0.90 Indianapolis $55, 120.00 3% 4% -11% 6% 1% -0.81 -0.69 Los Angeles $83,795.00 16% 168% 10% 29% 13% 0.68 0.56 Lousiville $55,602.00 1% 2% -13% 5% -8% -0.78 -1.63 Minneapolis $65,060.00 16% 43% -10% 10% 8% -0.29 0.04 New Orleans $57,530.00 10% 24% -17% 5% 1% -0.68 -0.69 New York $136,024.00 37% 479% 26% 30% 19% 3.38 1.19 Philadelphia $72,048.00 26% 72% 17% 10% 3% 0.07 -0.48 Phoenix $57,651.00 7% 21% -8% 2% 1% -0.68 -0.69 Pittsburgh $59,578.00 9% 21% 3% 14% -1% -0.58 -0.90 Portland $77,349.00 25% 108% -18% 19% 15% 0.34 0.77 San Diego $86,446.00 18% 187% 18% 27% 15% 0.82 0.77 San Francisco $105,241.00 38% 304% 3% 26% 22% 1.79 1.50 Seattle $83,253.00 33% 133% 2% 21% 24% 0.65 1.71 St. Louis $56,084.00 14% -9% 13% 1% 4% -0.76 -0.38 Mean $70,703.52 $0.15 $0.85 $0.01 $0.09 $0.08 Standard Deviation 19304.29564 0.11608 1.15323 0.14162 0. 1159 0.09574
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
