business Salaries Calculations Question

business Salaries Calculations Question




Use the APA7 template provided. In 500 minimum-600 maximum content words (title page, abstract, and references not included in count), respond to the following questions:

Question 1 of 2

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:

Months Aggregate Salaries

Month Aggregate Salaries
January 743430
February 705320
March 67950
April 780240
May 801970
June 69440
July 816550
August 734380
September 791110
October 753370
November 717640
December 805500

• 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).

Question 2 of 2

As a financial advisor, you are assigned a new client who is considering investing in one of two stocks, A or B. The table below shows information about the performance of stocks A and B last year.

(Average) Return Standard Deviation
Stock A 15% 8.3%
Stock B 15% 2.1%

1. What factors would you consider as a financial advisor in making decisions about the data above?
2. Based on these factors, what stock would you recommend to the client?
3. What reasons will you convey to your client to justify your decision in recommending this stock?
4. How will this recommendation impact the client?