Observation Salary 1 $ 53,938.00 2 $ 52,694.00 3 $ 70,515.00 4 $ 52,031.00 5 $ 62,283.00 6 $ 57,718.00 7 $ 79,081.00 8 $ 48,621.00 9 $ 72,835.00 10 $ 54,768.00 11 $ 52,282.00 12 $ 55,632.00 13 $ 63,856.00 14 $ 51,827.00 15 $ 51,948.00 16 $ 56,588.00 17 $ 68,858.00 18 $ 63,478.00 19 $ 83,846.00 20 $ 59,253.00 21 $ 53,464.00 22 $ 83,176.00 23 $ 60,949.00 24 $ 52,833.00 25 $ 72,914.00 26 $ 83,040.00 27 $ 64,288.00 28 $ 64,562.00 29 $ 52,644.00 30 $ 55,959.00 31 $ 88,730.00 32 $ 77,683.00 33 $ 56,339.00 34 $ 71,345.00 35 $ 63,799.00 36 $ 78,074.00 37 $ 65,546.00 38 $ 59,057.00 39 $ 66,024.00 40 $ 59,457.00 41 $ 79,383.00 42 $ 61,128.00 43 $ 54,122.00 Position Finance Finance Non-Finance Finance Non-Finance Finance Non-Finance Finance Non-Finance Finance Finance Finance Non-Finance Finance Finance Finance Non-Finance Non-Finance Non-Finance Finance Finance Non-Finance Finance Finance Non-Finance Non-Finance Non-Finance Finance Finance Finance Non-Finance Non-Finance Finance Non-Finance Finance Non-Finance Non-Finance Finance Non-Finance Finance Non-Finance Non-Finance Finance Experience 2 to 5 years 2 to 5 years Less than 2 years 2 to 5 years Less than 2 years Less than 2 years More than 5 years Less than 2 years More than 5 years 2 to 5 years 2 to 5 5 years Less than 2 years Less than 2 years 2 to 5 5 years Less than 2 years 2 to 5 years Less than 2 years Less than 2 years 2 to 5 years More than 5 years Less than 2 years 2 to 5 years More than 5 years Less than 2 years More than 5 years 2 to 5 years Less than 2 years More than 5 years More than 5 years Less than 2 years 2 to 5 years 2 to 5 years More than 5 years Less than 2 years Less than 2 years More than 5 years Less than 2 years 2 to 5 years Less than 2 years More than 5 years 2 to 5 years Less than 2 years Less than 2 years Observation Salary 44 $78,710.00 45 $ 58,814.00 46 $ 59,276.00 47 $ 75,869.00 $ 57,549.00 49 $ 76,762.00 50 $ 60,993.00 51 $ 63,362.00 52 $ 53,231.00 53 $ 62,115.00 54 $ 56,080.00 55 $ 53,392.00 56 $ 61,299.00 57 $ 53,894.00 58 $ 82,794.00 59 $ 56,990.00 60 $ 77,403.00 61 $ 78,936.00 62 $ 54,282.00 63 $ 78,850.00 64 $ 54,592.00 65 $ 56,461.00 66 $ 74,389.00 67 $ 49,422.00 68 $ 86,692.00 69 $ 77,356.00 70 $ 58,055.00 71 $ 77,820.00 72 $ 77,801.00 73 $ 58,053.00 74 $ 78,169.00 75 $ 68,560.00 76 $ 66,320.00 77 $ 67,237.00 78 $ 62,225.00 79 $ 58,866.00 80 $ 77,311.00 81 $ 76,863.00 82 $ 81,750.00 83 $ 58,749.00 84 $ 52,638.00 85 $ 62,675.00 86 $ 51,027.00 87 $ 62,881.00 Position Non-Finance Finance Finance Non-Finance Finance Non-Finance Non-Finance Finance Finance Finance Finance Finance Non-Finance Finance Non-Finance Finance Non-Finance Non-Finance Finance Non-Finance Finance Finance Non-Finance Finance Non-Finance Non-Finance Finance Non-Finance Non-Finance Finance Non-Finance Non-Finance Non-Finance Non-Finance Non-Finance Finance Non-Finance Non-Finance Non-Finance Finance Finance Finance Experience More than 5 years Less than 2 years Less than 2 years 2 to 5 years 2 to 5 years 2 to 5 years Less than 2 years 2 to 5 years More than 5 years More than 5 years 2 to 5 years 2 to 5 years Less than 2 years More than 5 years 2 to 5 years Less than 2 years More than 5 years More than 5 years 2 to 5 years 2 to 5 years More than 5 years Less than 2 years More than 5 years Less than 2 years 2 to 5 years More than 5 years 2 to 5 years More than 5 years More than 5 years 2 to 5 years 2 to 5 years Less than 2 years More than 5 years Less than 2 years Less than 2 years More than 5 years More than 5 years More than 5 years 2 to 5 years More than 5 years 2 to 5 years 2 to 5 years More than 5 years Less than 2 years Finance Non-Finance 92 95 Observation Salary 88 $ 75,791.00 89 $ 61,680.00 90 $ 59,768.00 91 $ 56,568.00 $ 82,622.00 93 $ 75,326.00 94 $ 57,719.00 $ 57,366.00 96 $ 57,670.00 97 $ 52,072.00 98 $ 68,569.00 99 $ 81,526.00 100 $ 82,059.00 101 $ 74,374.00 102 $ 51,119.00 103 $ 80,696.00 104 $ 56,352.00 105 $ 77,622.00 106 $ 69,142.00 107 $ 67,603.00 108 $ 60,561.00 109 $ 51,246.00 110 $ 54,891.00 111 $ 87,090.00 112 $ 55,482.00 113 $ 53,464.00 114 $ 58,568.00 115 $ 58,080.00 116 $ 78,702.00 117 $ 83,131.00 118 $ 57,788.00 119 $ 53,070.00 120 $ 60,259.00 Position Non-Finance Non-Finance Finance Finance Non-Finance Non-Finance Finance Finance Finance Finance Non-Finance Non-Finance Non-Finance Non-Finance Finance Non-Finance Finance Non-Finance Non-Finance Non-Finance Non-Finance Experience More than 5 years Less than 2 years More than 5 years More than 5 years 2 to 5 years More than 5 years More than 5 years More than 5 years Less than 2 years Less than 2 years More than 5 years 2 to 5 years 2 to 5 years More than 5 years Less than 2 years 2 to 5 years Less than 2 years More than 5 years Less than 2 years More than 5 years Less than 2 years 2 to 5 years Less than 2 years 2 to 5 years More than 5 years Less than 2 years 2 to 5 years More than 5 years 2 to 5 years 2 to 5 years More than 5 years 2 to 5 years Less than 2 years Finance Finance Non-Finance Finance Finance Finance Finance Non-Finance Non-Finance Finance Finance Non-Finance Using the data above, answer the questions below. 1. Calculate the mean and standard deviation by position and experience and in total. Use the table below to summarize your calculations. Experience Position Low Medium High Total Finance Number of Observations 20 20 20 60 Mean ? ? ? ? Std. Dev. ? ? ? ? Non-Finance Number of Observations 20 20 20 60 Mean ? ? ? ? Std. Dev. ? ? ? ? 40 40 40 120 Total Number of Observations Total Mean Total Std. Dev