MAT 146-02 Spring 2022 Name:_________________________

Project #7 Submit Completed Project through Blackboard Due 5/5 by 11:59 PM

You may work with others, but you must submit your own work.

1. State a career that are interested in: _____________________
2. (5 points) Using the site

https://www.rasmussen.edu/student-experience/college-life/salary-by-state/

find the average salary for your career choice for the following 8 states:

State	Average Salary	Average Salary Adjusted for Cost of Living
Connecticut
New York
New Jersey
Massachusetts
California
Florida
Kansas
Colorado

1. (5 points) Which state has the highest average Salary and which state has the highest Average Salary Adjusted for Cost of Living. Are you surprised?

1. (10 points) Find the median Salary for this career and these states. You must show your calculation work for credit.

1. (10 points) Find the mean Salary for this career and these states. You must show your calculation work for credit.

1. (10 points) Find the midrange Salary for this career and these states. You must show your calculation work for credit.

1. (10 points) Which of these measures of average (median, mean, midrange) do you think is the best description for the average salary for the career that you are interested in?

1. (10 points) When thinking about this career and where you would choose to live, which is more valuable to you: the average salary or the average salary adjusted for the cost of living? Would you be willing to live somewhere far away to have a higher salary?

Repeat this exercise for a different career that interests you (or that you are curious about).

State a second career that are interested in or curious about:_____________________

1. (5 points) Using the site

https://www.rasmussen.edu/student-experience/college-life/salary-by-state/

find the average salary for your career choice for the following 8 states:

State	Average Salary	Average Salary Adjusted for Cost of Living
Connecticut
New York
New Jersey
Massachusetts
California
Florida
Illinois
North Carolina

1. (5 points) Which state has the highest average Salary and which state has the highest Average Salary Adjusted for Cost of Living. Are you surprised?

1. (5 points) Find the median Salary for this career and these states. You must show your calculation work for credit.

1. (5 points) Find the mean Salary for this career and these states. You must show your calculation work for credit.

1. (5 points) Find the midrange Salary for this career and these states. You must show your calculation work for credit.

1. (15 points) Now that you know this information for a second career, would you think about changing career aspirations? What other information would you want to know before you committed to one career or another? List at least 4 other things you would want to consider before you would switch to a different career.