QNT561 Education Specialist / qnt561.com QNT561 Education Specialist / qnt561.com | Page 21

1. Plot a histogram and determine the skewness. 2. Find the skewness coefficient. 3. Find the mean, median, and mode for starting salaries and compare the three measures to determine skewness. 16. Finally, use Empirical Rule on the starting salaries and determine whether the salaries follow the Empirical Rule. The pursuit of a higher education degree in business is now international. A survey shows more and more Asians choose the master of business administration (MBA) degree route to corporate success. As a result, the number of applicants for MBA courses at Asia-Pacific schools continues to increase. Across the region, thousands of Asians show an increasing willingness to temporarily shelve their careers and spend two years in pursuit of a theoretical business qualification. Courses in these schools are notoriously tough and include statistics, economics, banking, marketing, behavioral sciences, labor relations, decision making, strategic thinking, business law, and more. After your MBA, you get a job at Bloomberg in its media division, Bloomberg Business. Your division publishes reviews and rankings for business schools in the US and internationally. Because of your strong analytical education from University of Phoenix, your boss assigns you to work on preparing an analysis for data gathered for leading business schools in the Asia-Pacific. The data set in the Excel ® file shows some of the characteristics of the leading Asia- Pacific business schools. ------------------------------------------------------------------------------------ QNT 561 Week 2 DQ 1 For more course tutorials visit www.qnt561.com