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.
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QNT 561 Week 2 DQ 1
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