Data set for ages of students in stats class:
17, 18, 18, 18, 18, 18, 18,...
Data set for ages of students in stats class:
17, 18, 18, 18, 18, 18, 18, 18, 18, 18, 18, 19, 19, 19, 19,19,
20, 20, 20, 21, 21, 21, 21, 21, 21, 22, 22, 22, 22, 23, 23, 23, 23,
24, 25, 25, 25, 26, 26, 27, 28, 28, 28, 28, 29, 29, 32, 36, 42
1) Compute the 5-number summary and create a modified box-plot,
using the inner-quartile range to identify any outliers.
7. A group of diners were asked how much they would pay for a
meal. Their...
7. A group of diners were asked how much they would pay for a
meal. Their responses were: $7.50, $25.00, $10.00, $10.00, $7.50,
$8.25, $9.00, $5.00, $15.00, $8.00, $7.25, $7.50, $8.00, $7.00.
$12.00. a. find the standard deviation of this data. Explain what
the mean and standard deviation tell you about how much the group
of diners would pay for a meal. b. Calculate the five-number
summary for this data. c. Calculate the range and IQR for this
data. d....
Entity A leases construction machinery to local building
sub-contractors for many years. On 1 January 2014,...
Entity A leases construction machinery to local building
sub-contractors for many years. On 1 January 2014, Entity A
purchased 20 units of construction road roller. The economic life
of the road roller is 5 years. The invoice price was
$1,800,000 per unit. They were all delivered to Entity A on 1 April
2014. Installation expense of $50,000 was incurred for installing
20 units of road roller on 1 April 2014. The invoice price and the
installation expense were settled on 5...