Question

Listed below are the commissions earned ($000) last year by a sample of 15 sales representatives...

Listed below are the commissions earned ($000) last year by a sample of 15 sales representatives at Furniture Patch Inc.

$ 4.1 $ 5.9 $ 8.2 $ 11.5 $ 12.9 $ 13.6 $ 14.3 $ 16.3 $ 17.2
$ 17.4 $ 18.5 $ 22.3 $ 36.3 $ 43.2 $ 78.4
  1. Determine the mean, median, and the standard deviation. (Round your answers to 2 decimal places.)
  2. Determine the coefficient of skewness using Pearson’s method. (Round your answer to 3 decimal places.)
  3. Determine the coefficient of skewness using the software method. (Round your answer to 3 decimal places.)
Math   Statistics-And-Probability   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Listed below are the commissions earned ($000) last year by a sample of 15 sales representatives...
Listed below are the commissions earned ($000) last year by a sample of 15 sales representatives at Furniture Patch Inc. $ 4.4 $ 6.2 $ 8.2 $ 11.5 $ 12.7 $ 13.6 $ 14.3 $ 15.7 $ 17.3 $ 17.4 $ 18.4 $ 22.3 $ 35.7 $ 43.2 $ 78.1 Click here for the Excel Data File Determine the mean, median, and the standard deviation. (Round your answers to 2 decimal places.) Determine the coefficient of skewness using Pearson’s method....
Listed below are the salaries, in thousands of dollars, for a sample of 15 chief financial...
Listed below are the salaries, in thousands of dollars, for a sample of 15 chief financial officers in the electronics industry: $579.0 580.0 510.0 521.0 529.0 571.0 549.0 553.0 514.0 497.0 529.0 573.0 576.0 564.0 590.0 a. Determine the mean, the median, and the standard deviation. (Round the final answers to 2 decimal places.) Mean             Median             Standard deviation             b. Determine the coefficient of skewness. (Round the final answer to 3 decimal places.) Coefficient of...
The interest rates (in percent) on a Huntington Bank automobile loan over the last 15 months...
The interest rates (in percent) on a Huntington Bank automobile loan over the last 15 months were as follows: 1.8, 2.3, 1.6, 2.7, 2.1, 2.9, 3.6, 2.4, 1.9, 2.6, 1.4, 3.4, 2.3, 2.5, 2.2 Calculate the following descriptive statistics for these data. NOTE: Double-check your data entry. A substantial number of points will be lost if you are not working with the correct data values!!! a.         Mean:               (report your answer to 2 decimal places, using conventional rounding rules) b....
Part C: Regression and Correlation Analysis Use the dependent variable (labeled Y) and the independent variables...
Part C: Regression and Correlation Analysis Use the dependent variable (labeled Y) and the independent variables (labeled X1, X2, and X3) in the data file. Use Excel to perform the regression and correlation analysis to answer the following. Generate a scatterplot for the specified dependent variable (Y) and the X1 independent variable, including the graph of the "best fit" line. Interpret. Determine the equation of the "best fit" line, which describes the relationship between the dependent variable and the selected...
Use the dependent variable (labeled Y) and the independent variables (labeled X1, X2, and X3) in...
Use the dependent variable (labeled Y) and the independent variables (labeled X1, X2, and X3) in the data file. Use Excel to perform the regression and correlation analysis to answer the following. Generate a scatterplot for the specified dependent variable (Y) and the X1 independent variable, including the graph of the "best fit" line. Interpret. Determine the equation of the "best fit" line, which describes the relationship between the dependent variable and the selected independent variable. Determine the coefficient of...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT