Question
Salaries of 200 recent graduates from a (fictional) MBA program. 1 $114,500 2 $93,300 3 $228,000 4 $106,600 5 $98,700 6 $149,800 7 $143,500 8
Salaries of 200 recent graduates from a (fictional) MBA program.
1 $114,500
2 $93,300
3 $228,000
4 $106,600
5 $98,700
6 $149,800
7 $143,500
8 $124,000
9 $92,900
10 $166,600
11 $172,700
12 $132,900
13 $90,500
14 $84,300
15 $83,300
16 $152,700
17 $51,600
18 $50,700
19 $154,400
20 $132,500
21 $78,100
22 $124,400
23 $155,500
24 $97,600
25 $103,300
26 $81,400
27 $95,000
28 $100,700
29 $196,800
30 $138,500
31 $113,700
32 $191,700
33 $183,600
34 $231,000
35 $126,400
36 $101,400
37 $86,900
38 $73,300
39 $143,100
40 $90,200
41 $134,400
42 $64,900
43 $188,200
44 $98,900
45 $63,700
46 $124,000
47 $76,200
48 $151,700
49 $185,900
50 $94,700
51 $101,300
52 $220,300
53 $123,800
54 $117,100
55 $117,100
56 $74,300
57 $157,200
58 $151,900
59 $112,100
60 $142,100
61 $150,700
62 $98,200
63 $140,600
64 $172,200
65 $121,300
66 $110,300
67 $102,200
68 $122,700
69 $61,300
70 $118,500
71 $138,100
72 $110,500
73 $152,000
74 $112,800
75 $100,000
76 $100,800
77 $89,300
78 $106,200
79 $199,700
80 $93,300
81 $108,700
82 $96,400
83 $97,700
84 $135,800
85 $112,200
86 $105,200
87 $47,300
88 $155,500
89 $123,700
90 $113,400
91 $64,800
92 $211,300
93 $99,700
94 $126,700
95 $140,000
96 $99,200
97 $206,900
98 $66,700
99 $147,000
100 $177,800
101 $169,900
102 $108,100
103 $133,500
104 $103,500
105 $135,100
106 $134,200
107 $144,900
108 $99,500
109 $146,100
110 $89,400
111 $133,200
112 $123,500
113 $80,500
114 $106,500
115 $161,500
116 $153,100
117 $95,800
118 $144,700
119 $104,000
120 $63,000
121 $113,000
122 $123,800
123 $105,200
124 $123,200
125 $117,900
126 $162,300
127 $139,200
128 $166,200
129 $119,700
130 $147,400
131 $142,900
132 $113,200
133 $247,700
134 $118,800
135 $62,800
136 $125,300
137 $126,400
138 $108,400
139 $109,600
140 $115,200
141 $78,200
142 $106,600
143 $98,400
144 $154,400
145 $101,900
146 $179,300
147 $161,600
148 $153,600
149 $237,400
150 $119,500
151 $131,400
152 $113,500
153 $117,400
154 $97,600
155 $129,600
156 $117,900
157 $75,100
158 $86,900
159 $83,000
160 $131,800
161 $124,100
162 $87,700
163 $91,200
164 $73,300
165 $136,300
166 $129,600
167 $141,500
168 $120,900
169 $130,800
170 $59,400
171 $110,800
172 $150,400
173 $114,500
174 $123,300
175 $217,600
176 $122,700
177 $142,000
178 $116,000
179 $246,800
180 $101,300
181 $152,700
182 $258,300
183 $94,200
184 $110,200
185 $188,800
186 $121,500
187 $164,200
188 $152,100
189 $77,600
190 $113,700
191 $128,300
192 $144,500
193 $125,900
194 $129,400
195 $178,600
196 $115,700
197 $152,400
198 $149,000
199 $40,900
200 $134,200
b. If the empirical rules apply here, between which two numbers can you be about 68% sure that the salary of any one of these 200 students will fall? Round your answers to the nearest whole dollar, if necessary.
Between $ and $
c. If the MBA program wants to make a statement such as "Some of our recent graduates started out making $230,000 or more, and almost all of them started out making at least $55,000" for their promotional materials, what percentage of graduates made more than $230,000 and made at least $55,000? Round your answers to one decimal place, if necessary.
Salary | % above |
$230,000 | % |
$55,000 | % |
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