WOMEN, BEWARE: AN MBA Doesn’t Mean Equal Pay@ is the title of an article that ap

Question

WOMEN, BEWARE: AN MBA Doesn’t Mean Equal Pay@ is the title of an article that appeared in Business Week in October of 1990. The article looks at the differences in starting salaries of male and female MBAs. The article stated that the average starting salary of female MBA graduates of top twenty schools was $54,749, while the median was $47,543 and the standard deviation was $10,250. Based on the data presented, describe the shape of the distribution of female starting salaries, i.e., stated whether the distribution is symmetrical, left or right skewed.

Explanation / Answer

measure of skewness :

3 (mean median)/standard deviation.

so, here it's 2.109

hence positively skewed. left skewed

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