[All Steps] Salary offers to MBAs. The following table contains the top salary offer (in thousands of dollars) received by each member of a sample of 50 MBA
Question: Salary offers to MBAs. The following table contains the top salary offer (in thousands of dollars) received by each member of a sample of 50 MBA students who recently graduated from the Graduate School of Management at Rutgers, the state university of New Jersey.
MBASAL
- The mean and standard deviation are 52.33 and 9.22, respectively. Find and interpret the \(z\) -score associated with the highest salary offer, the lowest salary offer, and the mean salary offer. Would you consider the highest offer to be unusually high? Why or why not?
- Construct a box plot for this data set. Which salary offers (if any) are potentially faulty observations? Explain.
Deliverable: Word Document 
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