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Notes: . For all answers, be sure to use to use the correct symbols for the sample mean, population mean, sample standard deviation, and population
Notes: . For all answers, be sure to use to use the correct symbols for the sample mean, population mean, sample standard deviation, and population standard deviation. . Please label your answers (1A, 1B, 1C, etc.). The following are the salaries of employees in a small business: 15,000 15,000 17,500 23,500 23,750 25,000 26,000 27,500 29,000 45,000 (5 Points) A. Before using your calculator, do you think that the mean or the median for these values will be higher? Why do you think so? B. What are the mean and median of the salaries? Was your answer to (A) correct? C. Find the standard deviation and the IQR of the data D. Describe the shape of the distribution terms of its overall shape, clusters gaps, or outliers, and skewness. Be sure to give the locations of the main features (for example, at what values are the gaps, if there are any gaps). E. Speculate on the reasons for why the distribution is shaped as it is
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