Question

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 | |||||||||||||||

- Determine the mean, median, and the standard deviation.
**(Round your answers to 2 decimal places.)** - Determine the coefficient of skewness using Pearson’s method.
**(Round your answer to 3 decimal places.)** - Determine the coefficient of skewness using the software
method.
**(Round your answer to 3 decimal places.)**

Answer #1

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 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...

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 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...

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