# STRONG STATISTIC BACKGROUND – STATISTICS due @ 3pm

Accepted characters: numbers, decimal point markers (period or comma), sign indicators (-), spaces (e.g., as thousands separator, 5 000), “E” or “e” (used in scientific notation). NOTE: For scientific notation, a period MUST be used as the decimal point marker.

Complex numbers should be in the form (a + bi) where “a” and “b” need to have explicitly stated values.

For example: {1+1i} is valid whereas {1+i} is not. {0+9i} is valid whereas {9i} is not.

The following data are the base salaries, in thousands of dollars , of 50 chief executive officers for a sample of companies doing business with the state of Connecticut. That is, the first entry in the table below corresponds to a salary of $125,000. A copy of this data set can be found in the Excel Workbook called CEOSalaries.xls.125157113127201165145119148158148168117105136136125148108178179191225204104205197119209157209205221178247235217222224187265148165228239245152148115150

Find the median of the CEO salaries, in thousands of dollars, rounded to 2 decimal places. Do not use a dollar sign. Note: $177,760 should be recorded as 177.76.

1.0 PointsThe time required to drive from Detroit to Lansing is an example of a discrete random variable.