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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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