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Cash to purchase toys for children in each of those ssuburb. Total amount spent and number of beneficiaries are given below: Suburbs 1 2 3 4 Total amount spent (Dollars) No. of beneficiaries 5 7 10 3 5 15 25 10

Cash to purchase toys for children in each of those ssuburb. Total amount spent and number of beneficiaries are given below: Suburbs 1 2 3 4 Total amount spent (Dollars) No. of beneficiaries 5 7 10 3 5 15 25 10

MATLAB: An Introduction with Applications
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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Cash to purchase toys for children in each of those ssuburb. Total amount spent and number of beneficiaries are given below: Suburbs Total amount spent (Dollars) No. of beneficiaries 1 5 2 7 3 10 4 3 5 4 i. Which measure of central tendency is the most appropriate? Clearly explain rationale behind your answer. 5 15 25 10 15 ii. Compute Arithmetic mean, Geometric mean, Harmonic mean, Range, Interquartile range iii. Compute Variance, Standard deviation, and Coefficient of variation for the amount data given. iv. In your opinion, is spending data skewed? v. What type/s of data is this: nominal, ordinal, interval, ratio, cross-sectional, time series, panel, primary, secondary? How do you think, this data is collected?
Transcribed Image Text:Cash to purchase toys for children in each of those ssuburb. Total amount spent and number of beneficiaries are given below: Suburbs Total amount spent (Dollars) No. of beneficiaries 1 5 2 7 3 10 4 3 5 4 i. Which measure of central tendency is the most appropriate? Clearly explain rationale behind your answer. 5 15 25 10 15 ii. Compute Arithmetic mean, Geometric mean, Harmonic mean, Range, Interquartile range iii. Compute Variance, Standard deviation, and Coefficient of variation for the amount data given. iv. In your opinion, is spending data skewed? v. What type/s of data is this: nominal, ordinal, interval, ratio, cross-sectional, time series, panel, primary, secondary? How do you think, this data is collected?
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