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Distribution of quants’ salaries

Explain distribution of quants’ salaries with a survey on a company.

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Distribution of quants’ salaries with a survey on a company is given here:

1471_Distribution of quants’ salaries.png

Figure: Distribution of quants’ salaries.

Here E is yearly earnings, σ is standard deviation and the E0 the mean. We can use MLE determine σ and E0. It turns out that implies E0 = $133,284, along with σ = 0.833.

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