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To determine whether the bonuses paid by a financial advising company are actually related to annual pay, data were gathered for 100 account executives who
To determine whether the bonuses paid by a financial advising company are actually related to annual pay, data were gathered for 100 account executives who received such bonuses in 2020. The summary statistics are shown below. Annual Pay Bonus Mean $125,000 $34,900 Standard deviation 29,000.00 23,000.00 Correlation 0.40
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