2. An accountant kept track of the number of credits on an account each month over a year long period. The results were as follows: 12 20 30 7 2 19 26 34 12 19 20 a. Find the 5-number summary for the data. b. Is the data discrete or continuous?

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question

2. A.) Find the 5-number summary for the data.

B.) Is the data discrete or continuous?

**Problem 2**

An accountant kept track of the number of credits on an account each month over a year-long period. The results were as follows:

9, 12, 20, 30, 7, 2, 19, 26, 34, 12, 19, 20

**Questions:**

a. Find the 5-number summary for the data.

b. Is the data discrete or continuous?

---

**Explanation:**

For question (a), a 5-number summary involves finding the minimum, first quartile (Q1), median, third quartile (Q3), and maximum of the dataset.

For question (b), determine if the data is discrete (individual points) or continuous (can take on any value within a range). In this case, the data is likely discrete as it represents the number of credits, which are counted in whole numbers.
Transcribed Image Text:**Problem 2** An accountant kept track of the number of credits on an account each month over a year-long period. The results were as follows: 9, 12, 20, 30, 7, 2, 19, 26, 34, 12, 19, 20 **Questions:** a. Find the 5-number summary for the data. b. Is the data discrete or continuous? --- **Explanation:** For question (a), a 5-number summary involves finding the minimum, first quartile (Q1), median, third quartile (Q3), and maximum of the dataset. For question (b), determine if the data is discrete (individual points) or continuous (can take on any value within a range). In this case, the data is likely discrete as it represents the number of credits, which are counted in whole numbers.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Types of Data and Their Measurement
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman