Answered: 1. A sales manager would like to see…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Question

1. A sales manager would like to see his sales representative’s unit sales per month. The secretary was told to keep a monthly record of the sales. The following are the data from the previous months (in ascending order): 5, 6, 8, 10, 10, 14, 15, 16, 16, 17, 17, 18, 19, 21, 21, 23, 26, 27, 28, 28, 28, 30, 38, 43.

Compute for the median and mode. What is the range for the monthly sales?

Class
5
6
8
10
14
15
16
17
18
19
21
23
26
27
28
30
38
43
Frequency
A1
A2
A3
A4
A5
A6
A7
A8
A9
A10
A11
A12
A13
A14
A15
A16
A17
A18

Definition Definition Measure of central tendency that is the value that occurs most frequently in a data set. A data set may have more than one mode if multiple categories repeat an equal number of times. For example, in a data set with five item—3, 5, 5, 29, 473—the mode is 5 because it occurs twice and no other value occurs more than once. On a histogram or bar chart, the element with the highest bar represents the mode. Therefore, the mode is sometimes considered the most popular option. The mode is useful for nominal or categorical data (e.g., the most common color car that users purchase), but it is problematic for continuous data because it is more likely not to have any value that is more frequent than the other.

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