2-1 Data Set Homework: Descriptive Statistics on Data Set 1

Instructions

Data Set 1 presents a sample of annual salaries for recently hired plant operators at a chemical manufacturing company. Use Excel’s ToolPak (or any statistical package that you are comfortable with) to compute descriptive statistics for the data. Submit your statistical output from Excel, which should include values for the mean, median, mode, sample variance, and sample standard deviation, and a one-page Word document in which you present an analysis of your results.