Question

. Forbes Magazine lists the richest people in the world each year. The following data represents...

. Forbes Magazine lists the richest people in the world each year. The following data represents the ages of 40 of these individuals. All of these individuals have a net worth of at least $5 billion.

17        24        31        32        32        43        43        43

46        50        51        51        54        55        55        59

59        60        62        62        62        62        63        64

69        71        71        73        73        74        75        75

76        77        79        81        82        82        84        84

Calculate the mean and median age. Is one of these measures better than the other in describing central tendency? Why or why not?

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Consider the below vector x, which you can copy and paste directly into Matlab. The vector...
Consider the below vector x, which you can copy and paste directly into Matlab. The vector contains the final grades for each student in a large linear algebra course. x = [61 52 63 58 66 92 64 55 76 60 70 78 76 73 45 63 97 70 100 76 50 64 42 100 67 81 81 59 68 62 72 99 66 76 81 59 47 84 67 75 63 86 73 44 51 69 48 74 61...
have a java application need to create an application which is able to do some analysis...
have a java application need to create an application which is able to do some analysis on temperature data stored in a data file. You will be given the “temperatures.dat” data file which contains the data you must analyze. The analysis you’ll need to do is: Total number of data points Find coldest temperature Find warmest temperature Find average temperature Find the frequency of each temperature Find the most frequent temperature Find the least frequent temperature All classes must be...
Use ? to approximate σ. Use a 5% level of significance. Data: 69 62 75 66...
Use ? to approximate σ. Use a 5% level of significance. Data: 69 62 75 66 68 57 61 84 61 77 62 71 68 69 79 76 87 78 73 89 81 73 64 65 73 69 57 79 78 80 79 81 73 74 84 83 82 85 86 77 72 79 59 64 65 82 64 70 83 89 69 73 84 76 79 81 80 74 77 66 68 77 79 78 77
TestScore 53 53 56 56 56 58 58 58 59 59 59 60 60 62 63...
TestScore 53 53 56 56 56 58 58 58 59 59 59 60 60 62 63 63 63 64 65 65 66 67 67 67 67 68 69 69 69 69 71 71 72 72 72 72 73 73 73 73 73 74 75 75 75 76 76 76 76 77 77 77 77 77 78 78 78 79 79 79 79 80 80 80 80 80 80 81 81 81 82 82 83 83 83 83 84 84 84...
Refer to the accompanying data set and construct a 95​% confidence interval estimate of the mean...
Refer to the accompanying data set and construct a 95​% confidence interval estimate of the mean pulse rate of adult​ females; then do the same for adult males. Compare the results. Males    Females 81           82 72           94 52           57 59           66 51           54 62           80 52           77 74           85 51           89 62           57 73           35 61           64 62           87 80           74 80           79 63           62 63           67 97           76 43           60 85           65 72           86 66           85 73           69 72          ...
TestScore 53 53 56 56 56 58 58 58 59 59 59 60 60 62 63...
TestScore 53 53 56 56 56 58 58 58 59 59 59 60 60 62 63 63 63 64 65 65 66 67 67 67 67 68 69 69 69 69 71 71 72 72 72 72 73 73 73 73 73 74 75 75 75 76 76 76 76 77 77 77 77 77 78 78 78 79 79 79 79 80 80 80 80 80 80 81 81 81 82 82 83 83 83 83 84 84 84...
Mid Score Final Score 80 78 87 85 72 81 69 54 86 70 83 73...
Mid Score Final Score 80 78 87 85 72 81 69 54 86 70 83 73 78 89 75 84 74 86 75 79 84 75 73 63 74 72 73 69 80 86 75 78 72 75 77 68 76 77 66 78 74 77 71 73 85 79 74 74 76 79 76 73 84 72 77 81 78 86 86 76 81 83 78 83 85 86 73 71 83 83 83 79 72 68 83 90...
Below represent scores on an exam, each entry one score for one student 40 99 59...
Below represent scores on an exam, each entry one score for one student 40 99 59 98 63 63 64 65 67 35 67 67 68 70 71 71 71 46 72 72 60 73 74 74 74 75 97 75 62 76 76 76 76 76 77 57 77 98 77 63 78 78 78 79 79 80 80 80 80 80 81 81 92 81 93 82 82 83 83 83 83 83 83 83 84 84 84...
Test score of 40 students are listed below. Find the percentile for the test score of...
Test score of 40 students are listed below. Find the percentile for the test score of 66. 30 35 43 44 47 48 54 55 56 57 59 62 63 65 66 68 69 69 71 72 72 73 74 76 77 77 78 79 80 81 81 82 83 85 89 92 93 94 97 98
The following weights in kilograms were recorded for a hockey team: 73 75 76 77 78...
The following weights in kilograms were recorded for a hockey team: 73 75 76 77 78 86 81 75 100 92 82 73 85 79 84 92 80 78 77 81 83 74 80 69 92 79 72 76 a) Find the mean, mode, and median weights. b) Which of these three measures of central tendency is the least representative of the set of weights? Why?
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT