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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

  1. 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

  1. Please interpret the data set.
  2. 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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