# Quantative Analysis of Data - mean, median and mode

Listed below are the salaries, in $000, for a sample of 15 chief financial officers

in the electronics industry.

$516.0 $548.0 $566.0 $534.0 $586.0 $529.0

546.0 523.0 538.0 523.0 552.0

486.0 558.0 574.0

a. Determine the mean, median, and standard deviation

Mean 542, Median 538, Standard deviation = 1080/14 = 8.78

b. Determine the coefficient of skewness using Pearson's method

3(542 - 538) / 8.78 = 12/8.78 = 1.37

c. Determine the coefficient of skewness using the software method

Need answer to "C".

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#### Solution Summary

The solution to question (a) and (c) are given in an excel file. The solution is detailed with equations in each cell.

$2.19