Question:You just agreed to take aposition of Economic Advisor for InoSmart Inc. The General

Question:You just agreed to take a position of Economic Advisor for InoSmart Inc. The General

Manager of the company asked you to describe the nature of salaries paid by the company to its employees last year. The Chief Accountant of the company delivers to you the aggregate monthly salaries data as follows:

• Summarize the data and Provide statistical conclusion based on your statistical output. (Show your statistical procedures that led you to the conclusion.)
• Provide your results to the General Manager (in one or two sentences)