1. The yearly salary (in thousands of dollars) for a small company are listed below. Find the mode, mean, median and population standard deviation and use the Empirical Rule to find a 95% confidence interval.

78 46 379 78 97 67 46 99

MODE: MEDIAN: MEAN: POPL. STAND. DEV'N: EMPIRICAL RULE: 95% CI:

2.From the Measures of Central Tendencies computed above,which one would you use to represent the "average" company salary. What is an outlier? Does there appear to be one? Explain your reasoning.