c. Develop a stem-and-leaf display for the percentage increase in the starting salary. If the answer is zero enter "0" See attachment 1
Inverse Normal Distribution
The method used for finding the corresponding z-critical value in a normal distribution using the known probability is said to be an inverse normal distribution. The inverse normal distribution is a continuous probability distribution with a family of two parameters.
Mean, Median, Mode
It is a descriptive summary of a data set. It can be defined by using some of the measures. The central tendencies do not provide information regarding individual data from the dataset. However, they give a summary of the data set. The central tendency or measure of central tendency is a central or typical value for a probability distribution.
Z-Scores
A z-score is a unit of measurement used in statistics to describe the position of a raw score in terms of its distance from the mean, measured with reference to standard deviation from the mean. Z-scores are useful in statistics because they allow comparison between two scores that belong to different normal distributions.
Each year America.EDU ranks the best paying college degrees in America. The following data show the median starting salary, the mid-career salary, and the percentage increase from starting salary to mid-career salary for the 20 college degrees with the highest mid-career salary (America.EDU website, August 29, 2013).
Click on the datafile logo to reference the data.
Degree Starting Salary Mid-Salary %
| Aerospace Eng | 59,400 | 108,000 | 82 |
| Applied Math | 56,400 | 101,000 | 79 |
| Biomed Eng | 54,800 | 101,000 | 84 |
| Chemical Eng | 64,800 | 108,000 | 67 |
| Civil Eng | 53,500 | 93,400 | 75 |
| Computer Eng | 61,200 | 87,700 | 43 |
| Computer Sci | 56,200 | 97,700 | 74 |
| Construction Mgmt | 50,400 | 87,000 | 73 |
| Economics | 48,800 | 97,800 | 100 |
| Electrical Eng | 60,800 | 104,000 | 71 |
| Finance | 47,500 | 91,500 | 93 |
| Government | 41,500 | 88,300 | 113 |
| Info Systems | 49,300 | 87,100 | 77 |
| Mgmt Info Sys | 50,900 | 90,300 | 77 |
| Mathematics | 46,400 | 88,300 | 90 |
| Nuclear Eng | 63,900 | 104,000 | 63 |
| Petroleum Eng | 93,000 | 157,000 | 69 |
| Physics | 50,700 | 99,600 | 96 |
| Software Eng | 56,700 | 91,300 | 61 |
| Statistics | 50,000 | 93,400 | 87 |
c. Develop a stem-and-leaf display for the percentage increase in the starting salary. If the answer is zero enter "0"
See attachment 1
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 2 images
