## Question

###### The following data shows the yearly income distribution of sample of 200 employees at MNM, Inc Yearly Income (SLOOOs) 20 - 24 25 _ 29 30 _ 34Number_of Employees40 - 44What percentage of employees has yearly incomes of more than $35,0002 Is the figure (percentage) that you computed in Part (a) an example of statistical inference? If no, what type of statistics does it represent? Based on this sample_ the president of the company said that "45% of all our employees' yearly incomes are ov

The following data shows the yearly income distribution of sample of 200 employees at MNM, Inc Yearly Income (SLOOOs) 20 - 24 25 _ 29 30 _ 34 Number_of Employees 40 - 44 What percentage of employees has yearly incomes of more than $35,0002 Is the figure (percentage) that you computed in Part (a) an example of statistical inference? If no, what type of statistics does it represent? Based on this sample_ the president of the company said that "45% of all our employees' yearly incomes are over $35,000. The president's statement represents what kind of statistics? What percentage of employees of the sample has yearly incomes of $29,000 or less? How many variables are presented in the above data set?

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