Middle Level Manager Salaries Suppose that an independent study of middle level managers employed at companies located in Atlanta, Georgia, was conducted to compare the salaries of managers working at firms in Atlanta to the salaries of middle level managers across the nation The following data show the salary, in thousands of dollars, for a sample of 15 middle level managers employed at companies in the Atlanta area 108 83 106 73 53 85 80 63 67 75 124 55 93 118 77 Compute the median salary for the sample of 15 middle level managers Suppose the median salary of middle level managers employed at companies located across the nation is $85,000 How does the median salary for middle level managers in the Atlanta area compare to the median for managers across the nation Answer Median 80 or $80,000 The median salary for the sample of 15 middle level managers working at firms in Atlanta is slightly lower than the median salary reported by the Wall Street Journal Compute the mean annual salary for managers in the Atlanta area and discuss how and why it differs from the median computed inpart (a)for Atlanta area managers Answer Mean salary is $84,000 The sample mean salary for the sample of 15 middle level managers is greater than the median salary This indicates that the distribution of salaries for middle level managers working at firms in Atlanta is positively skewed Compute the first and third quartiles for the salaries of middle level managers in the Atlanta area Answer The sorted data are as follow

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Middle-Level Manager Salaries. Suppose that an independent study of middle-level managers employed at companies located in Atlanta, Georgia, was conducted to compare the salaries of

Middle-Level Manager Salaries.Suppose that an independent study of middle-level managers employed at companies located in Atlanta, Georgia, was conducted to compare the salaries of managers working at firms in Atlanta to the salaries of middle-level managers across the nation. The following data show the salary, in thousands of dollars, for a sample of 15 middle-level managers employed at companies in the Atlanta area.

108

106

124

118

Compute the median salary for the sample of 15 middle-level managers. Suppose the median salary of middle-level managers employed at companies located across the nation is $85,000. How does the median salary for middle-level managers in the Atlanta area compare to the median for managers across the nation?
Answer
Median = 80 or $80,000. The median salary for the sample of 15 middle-level managers working at firms in Atlanta is slightly lower than the median salary reported by theWall Street Journal.
Compute the mean annual salary for managers in the Atlanta area and discuss how and why it differs from the median computed inpart (a)for Atlanta area managers.
Answer
Mean salary is $84,000. The sample mean salary for the sample of 15 middle-level managers is greater than the median salary. This indicates that the distribution of salaries for middle-level managers working at firms in Atlanta is positively skewed.
Compute the first and third quartiles for the salaries of middle-level managers in the Atlanta area.
Answer
The sorted data are as follow: