Problem 2: Teacher salaries at SMART
Five teachers at SMART reported their annual salary in thousands of dollars. The salaries were recorded as follows: {38, 38, 51, 41, 38}
- Calculate the sample mean (average salary of the teachers in the sample) by hand. Show all your work.
- Calculate the sample standard deviation of salaries in the sample by hand. Show all your work.
- Are there any observations in the sample that are unusual in terms of the empirical rule? Explain.
- Would the mean or median do a better job of capturing what an “average” teacher at SMART makes? Explain your reasoning.