Finance and Accounting - Coursework Example

work, Finance and Accounting The The 04, 03, A). Present a report on your data using appropriate graphical techniques and summary statistics. What does your data show about the distribution of wages? The standard deviation is a measure variability (how diverse the data is) It signifies the extend of variation in the sets of data from the mean The standard deviation is large, which signifies that the salaries are spread out over a large range of values. The wages are normally distributed and spread out over a larger area. (b) Use EXCEL to find the 10th and 90th percentiles. What do these figures mean? 10 percentile (that signifies 20 out of 200 samples) of the salaries of the employees were equal to or lower than 14.47. 90 percentile (that signifies 180 out of 200 samples) of the salaries of the employees were equal to or lower than 58.51. (c) Use your data to show how the median and inter-quartile range can be found from the ogive. The data is grouped into various intervals as shown below intervals Frequency cumulative frequency 10 Read More