Answered: An auctioneer sold a herd of cattle…

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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An auctioneer sold a herd of cattle whose minimum weight was 1020 poonds median was 1100 pounds standard deviation 74. and OR 100 pounds They solt foers cesapod ndthe aucione look acom n ach animal Then ar example a steer weighing 1100 pounds would net the owner 50(1100)-15-5536 Fnd the minimum medan standand devlation and R ofthe et sale prices

Definition Definition Middle value of a data set. The median divides a data set into two halves, and it also called the 50th percentile. The median is much less affected by outliers and skewed data than the mean. If the number of elements in a dataset is odd, then the middlemost element of the data arranged in ascending or descending order is the median. If the number of elements in the dataset is even, the average of the two central elements of the arranged data is the median of the set. For example, if a dataset has five items—12, 13, 21, 27, 31—the median is the third item in ascending order, or 21. If a dataset has six items—12, 13, 21, 27, 31, 33—the median is the average of the third (21) and fourth (27) items. It is calculated as follows: (21 + 27) / 2 = 24.

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