Question
The National Association of Colleges and Employers compiled information about annual starting salaries for college graduates by major. The mean starting salary for business administration
The National Association of Colleges and Employers compiled information about annual starting salaries for college graduates by major. The mean starting salary for business administration graduates was $39,850
Marketing Majors
34.2 45.0 39.5 28.4 37.7 35.8 30.6 35.2 34.2 42.4
Accounting Majors
33.5 57.1 49.7 40.2 44.2 45.2 47.8 38.0
53.9 41.1 41.7 40.8 55.5 43.5 49.1 49.9
a. Compute the mean, median, and mode of the annual starting salary for both majors.
b. Compute the first and third quartiles for both majors.
c. Business administration students with accounting majors generally obtain the highest
annual salary after graduation. What do the sample data indicate about the difference
between the annual starting salaries for marketing and accounting majors?
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