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    Quantative Analysis of Data - mean, median and mode

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    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".

    © BrainMass Inc. brainmass.com October 9, 2019, 5:05 pm ad1c9bdddf
    https://brainmass.com/statistics/quantative-analysis-of-data/quantative-analysis-data-mean-median-mode-47631

    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