(a) Brazil spends 6.24% of its GDP on education. Without doing any calculations yet, will the z-score for Brazil be positive, negative, or zero? Positive O Zero O Negative eTextbook and Media (b) Calculate the z-score for Brazil. Round your answer to 2 decimal places. Z = i (c) There are two high outliers; Micronesia spends 12.46% of it's GDP on education and Grenada spends 10.24%. Monaco spends the lowest percentage on education at only 1.46%. Calculate the range. Range = i (d) The five number summary for this data set is (1.46, 3.76, 4.87, 5.61, 12.46). Calculate the IQR. IQR= i
(a) Brazil spends 6.24% of its GDP on education. Without doing any calculations yet, will the z-score for Brazil be positive, negative, or zero? Positive O Zero O Negative eTextbook and Media (b) Calculate the z-score for Brazil. Round your answer to 2 decimal places. Z = i (c) There are two high outliers; Micronesia spends 12.46% of it's GDP on education and Grenada spends 10.24%. Monaco spends the lowest percentage on education at only 1.46%. Calculate the range. Range = i (d) The five number summary for this data set is (1.46, 3.76, 4.87, 5.61, 12.46). Calculate the IQR. IQR= i
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
Please read this passage of Public Expenditure and answer these questions carefully.
Transcribed Image Text:(a) Brazil spends 6.24% of its GDP on education. Without doing any calculations yet, will the z-score for Brazil be positive, negative,
or zero?
Positive
Zero
O Negative
eTextbook and Media
(b) Calculate the z-score for Brazil. Round your answer to 2 decimal places.
Z =
MO
(c) There are two high outliers; Micronesia spends 12.46% of it's GDP on education and Grenada spends 10.24%. Monaco spends
the lowest percentage on education at only 1.46%. Calculate the range.
Range = i
(d) The five number summary for this data set is (1.46, 3.76, 4.87, 5.61, 12.46). Calculate the IQR.
IQR = i
Transcribed Image Text:Public Expenditure on Education
The figure below shows the public expenditure on education as percentage of Gross Domestic Product (GDP) for all countries. ¹ The
mean expenditure is μ = 4.8% and the standard deviation of the expenditures is o = 1.66 %. The data are stored in
Education Literacy.
1.6
3.2
4.8
6.4
8.0
9.6
11.2
¹Data from The World Bank, the most recent data available for each country as of July 2015 obtained from knoema.com.
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