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The output below has an analysis of income for business school graduates on their first job as well as another analysis of data for technical
- The output below has an analysis of income for business school graduates on their first job as well as another analysis of data for technical skills rating for these students.
Graduate Salary 1st Job (K) | Technical Skills Rating | ||
Mean | 39.40 | Mean | 3.73 |
Median | 38.95 | Median | 4 |
Mode | 38.3 | Mode | 4 |
Standard Deviation | 5.21 | Standard Deviation | 1.53 |
Sample Variance | 27.18 | Sample Variance | 2.36 |
Kurtosis | 3.01 | Kurtosis | -0.51 |
Skewness | 1.08 | Skewness | 0.21 |
Range | 31.5 | Range | 6 |
Minimum | 28.5 | Minimum | 1 |
Maximum | 60 | Maximum | 7 |
Sum | 4728.3 | Sum | 448 |
Count | 120 | Count | 120 |
Covariance | 7.2673 | ||
Correlation | 0.913 |
- Please interpret the data set.
- If a graduate student has his first job salary of 42K, how would you compare his salary with other business school graduate students using Z score?
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