Professional Documents
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M1 CE Lab Instructions
M1 CE Lab Instructions
M1 CE Lab Instructions
1. Download the CEO.xlsx from Canvas. Use the functions in Excel and/or the
Descriptive Analysis tool in Excel to
a. Calculate the mean, median, first quartile and third quartile of the
CEO’s salaries
b. Calculate the range, interquartile range, variance, standard deviation
and coefficient of variation of the CEO’s salaries
c. Use the IQR rule to identify the outlier in the CEO’s salaries
d. Explain how the outlier impacts the measures of central tendency and
the variation when interpreting the results