An agency is concerned with the time consumed by its customers in filling out forms. A sample taken during opening hours gave the following times: 2.10     2.40    1.30    2.45    2.35    1.15    1.40    1.35    2.25    3.05   3.19    2.36    3.23    3.09    1.45 Compute the mean and the median Compute the variance, range, standard deviation and interquartile range. Is the sample skewed? If so, how?

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  1. An agency is concerned with the time consumed by its customers in filling out forms. A sample taken during opening hours gave the following times:

2.10     2.40    1.30    2.45    2.35    1.15    1.40    1.35    2.25    3.05   3.19    2.36    3.23    3.09    1.45

  1. Compute the mean and the median
  2. Compute the variance, range, standard deviation and interquartile range.
  3. Is the sample skewed? If so, how?
  4. Compute the coefficient of variation and the Z scores. Are there any outliers? Explain.
Expert Solution
Step 1

(1)

 

Obtain the value of the mean.

 

The value of the mean is obtained below as follows:

 

Use EXCEL Procedure for finding the value of mean.

 

Follow the instruction to obtain the value of mean.

 

  1. Open EXCEL
  2. Go to Formula bar.
  3. In formula bar enter the function as“=AVERAGE”
  4. Enter the range as $A$1:$A$16.
  5. Click enter.

 

EXCEL output:

 

From the EXCEL output, the value of the mean is 2.208.

 

Thus, the value of mean is 2.208.

 

 

 

Obtain the value of the median

 

The value of the median is obtained below as follows:

 

Use EXCEL Procedure for finding the value of median.

 

Follow the instruction to obtain the value of mean.

 

  1. Open EXCEL
  2. Go to Formula bar.
  3. In formula bar enter the function as“=MEDIAN”
  4. Enter the range as $A$1:$A$16.
  5. Click enter.

 

EXCEL output:

 

From the EXCEL output, the value of the median is 2.35.

The value of the median is 2.35.

Step 2

(2)

 

Obtain the value of the variance

 

The value of the variance is obtained below as follows:

 

Use EXCEL Procedure for finding the value of variance.

 

Follow the instruction to obtain the value of variance.

 

  1. Open EXCEL
  2. Go to Formula bar.
  3. In formula bar enter the function as“=VAR”
  4. Enter the range as $A$1:$A$16.
  5. Click enter.

 

EXCEL output:

 

From the EXCEL output, the value of the variance is 0.5397.

 

Thus, the value of variance is 0.5397.

 

Obtain the value of the range

The value of the range is obtained below as follows:

Statistics homework question answer, step 2, image 1

The value of the range is 2.08.

 

Use EXCEL Procedure for finding the value of sample standard deviation.

 

Follow the instruction to obtain the value of sample standard deviation.

 

  1. Open EXCEL
  2. Go to Formula bar.
  3. In formula bar enter the function as“=STDEV”
  4. Enter the range as $A$1:$A$16.
  5. Click enter.

 

EXCEL output:

 

From the EXCEL output, the value of the sample standard deviation is 0.7346

 

Thus, the value of sample standard deviation is 0.7346.

 

 

Obtain the value of IQR.

 

The value of IQR is obtained below as follows:

Statistics homework question answer, step 2, image 2

Use EXCEL Procedure for finding the value of Quartile 1.

 

Follow the instruction to obtain the value of Quartile 1.

 

  1. Open EXCEL
  2. Go to Formula bar.
  3. In formula bar enter the function as“=QUARTILE”
  4. Enter the range as $A$1:$A$16.
  5. Click enter.

 

EXCEL output:

 

From the EXCEL output, the value of the Quartile 1 is 1.425

 

Thus, the value of Quartile 1is 1.425.

 

 

 

 

 

 

 

Use EXCEL Procedure for finding the value of Quartile 3.

 

Follow the instruction to obtain the value of Quartile 3.

 

  1. Open EXCEL
  2. Go to Formula bar.
  3. In formula bar enter the function as“=QUARTILE”
  4. Enter the range as $A$1:$A$16.
  5. Click enter.

 

EXCEL output:

 

From the EXCEL output, the value of the Quartile 3 is 2.75

 

Thus, the value of Quartile 3 is 2.75

 

The required value is,

Statistics homework question answer, step 2, image 3

The value of IQR is 1.325.

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