Most college career counselors agree that starting salary is associated with academic major. Even if a person's first job is not related directly to his course of study, his salary may still be related to his academic major. A recent survey of academic major and starting salary of graduates showed the following information: Standard Major Mean deviation English $38,100 $3,600 $57,690 $5,870 Computer Science 1) Calculate the coefficient of variation, and detormine which of the two majors varies more around the mean salary? Show all your working answers. 2) If you know that a computer science major who responded to the survay received a starting salary of $64,000, find the z score of this solary What is your interpretation of this z-score value?

MATLAB: An Introduction with Applications
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ISBN:9781119256830
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Most college career counselors agree that starting salary is associated with academic major. Even
if a person's first job is not related directly to his course of study, his salary may still be related to his
academic major. A recent survey of academic major and starting salary of graduates showed the
following information:
Standard
Major
Mean
deviation
English
$38,100
$3,600
$5,870
Computer
Science
$57,690
1) Calculate the coefficient of variation, and detormine which of the two majors varies more around
the mean salary? Show all your working answers.
2) If you know that a computer science major who responded to the survay received a starting
salary of $64,000, find the z score of this solary What is your interpretation of this z-score value?
Transcribed Image Text:Most college career counselors agree that starting salary is associated with academic major. Even if a person's first job is not related directly to his course of study, his salary may still be related to his academic major. A recent survey of academic major and starting salary of graduates showed the following information: Standard Major Mean deviation English $38,100 $3,600 $5,870 Computer Science $57,690 1) Calculate the coefficient of variation, and detormine which of the two majors varies more around the mean salary? Show all your working answers. 2) If you know that a computer science major who responded to the survay received a starting salary of $64,000, find the z score of this solary What is your interpretation of this z-score value?
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