Question

High school graduates:

$38,171 $27,959 $41,462 $33,903 $28,675 $29,031 $21,628 $34,531 $30,942 $21,660

$39,875 $16,947 $25,275 $31,258 $35,300 $34,165 $36,935 $46,513 $39,250 $37,772

$29,151 $28,299 $36,251 $22,637 $37,613 $30,732 $32,456 $32,786 $24,864 $28,935

(Population) Standard deviation = $600

College graduates:

$50,916 $66,597 $50,914 $46,745 $54,694 $56,222 $47,292 $60,338 $51,873 $48,000

$54,217 $54,984 $55,835 $62,192 $40,729 $46,206 $53,894 $60,627 $49,685 $49,147

$37,171 $42,463 $50,817 $46,409 $37,636 $64,954 $59,216 $62,925 $45,841 $55,588

standard devation = $700

Fill in the summary statistics table below.

Statistic High school graduates College graduates

Mean

Median

Minimum

Maximum

Range

Q1

Q2

Q3

iQR

Answer 1

	High school graduates	College graduates
Mean	$                       31,832.53	$              52,137.57
Median	$                       31,857.00	$              51,394.50
Minimum	$                       16,947.00	$              37,171.00
Maximum	$                       46,513.00	$              66,597.00
Range	$                       29,566.00	$              29,426.00
Q1	$                       28,393.00	$              46,881.75
Q2	$                       16,947.00	$              51,394.50
Q3	$                       36,764.00	$              56,125.25
IQR	$                         8,371.00	$                 9,243.50

I did all the calculation in Excel. Please let me know if you want to know the detail steps. Thank You!!