Question

1. According to the National Bureau of Economic Research, the lengths of business cycles from 1919...

1. According to the National Bureau of Economic Research, the lengths of business cycles from 1919 to 1995, measured from trough to trough (a trough is the low point) in months, were 61 38 46 50 74 73 98 58 65 57 44 127 62 74 38 110 a.) Find the Mean b.) Find the Median c.) Find the Mode d.) Find the Midrange e.) Find the Standard Deviation

Homework Answers

Answer #1

putting above in ascending order:

from above:

a) mean =67.188

b) median =61.50

c) mode =38 , 74

d( Midrange =(38+127)/2 =82.50

e) standard deviation =25.4695

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