Question

Cork price: 16 10 15 10 17 11 14 13 11 14 11 16 18 16...

Cork price: 16 10 15 10 17 11 14 13 11 14 11 16 18 16 10 17 14 14 16 7 10 12 19 15 16 14 9 12 21 13 10 16 12 16 13 17 17 13 14 18 11 12 15 16 13 18 16 17 12 12 14 9 11 14 19 13 11 17 11 13 15 14 18 18 18 12 10 11 13 14 11 14 18 13 13 19 17 14 17 17 18 19 21 12 15 16 15 10 10 17 12 14 16 12 13 17 17 13 15 12 14 16 15 15 15 12 18 13 12 15 10 13 11 16 14 10 15 14 15 12 16 11 17 16 10 15 11 19 15 20

Metal price: 13 12 16 5 7 8 6 10 11 9 6 16 15 15 9 17 6 10 11 7 8 11 22 21 11 6 11 10 17 12 13 11 16 18 12 11 11 8 8 18 5 5 9 10 9 14 8 9 8 7 6 12 12 15 19 4 6 15 9 5 15 9 8 6 7 5 12 4 16 15 6 11 17 7 5 16 13 12 17 17 9 19 19 2 15 5 13 7 11 15 14 9 10 11 6 19 19 10 7 9 10 18 15 16 8 11 13 14 11 7 7 5 7 15 13 6 17 12 12 15 9 13 21 17 5 17 12 14 14 13

QUESTION: WHAT IS THE SHAPE OF THE middle 50% of the DISTRIBUTION OF THE METAL PRICE BASED ON QUARTILE 1, QUARTILE 2 and QUARTILE 3, AND WHY?

Homework Answers

Answer #1

Here Bowley's coefficient of skewness is less than zero therefore distribution of metal price is positively skewed.

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