Data Set 1 presents a sample of annual salaries for recently hired plant operators at a chemical manufacturing company. Use Excel's ToolPak (or any statistical package that you are comfortable with) to compute descriptive statistics for the data. Submit your statistical output from Excel, which should include values for the mean, median, mode, sample variance, and sample standard deviation, and a one-page Word document in which you present an analysis of your results.

Data

74343

70532

67956

78024

80197

69444

81655

73438

79111

75337

71764

80550