-Cola Walt Disney FedEx Southwest Airlines General Electric American Express Costco Wholesale Nike BMW Procter & Gamble IBM 1.4 33.8 24.4 84.5 12.3 39.6 8.1 32.8 15.1 4.1 -12.4

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
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Rank
Company Name
1 Apple
2 Amazon.com
3 Google
4 Berkshire Hathaway
5 Starbucks
6 Coca-Cola
7 Walt Disney
8 FedEx
9 Southwest Airlines
10 General Electric
11 American Express
12 Costco Wholesale
13 Nike
14 BMW
15 Procter & Gamble
16 IBM
17 Nordstrom
18 Singapore Airlines
19 Johnson & Johnson
20 Whole Foods Market
21 Samsung Electronics
22 McDonald's
23 3M
24 Microsoft
25 Toyota Motor
26 Boeing
27 Exxon Mobil
28 Wal-Mart Stores
29 Target
30 J.P. Morgan Chase
31 Nestlé
32 UPS
33 Caterpillar
33 Goldman Sachs Group
35 Wells Fargo
36 Volkswagen
37 Unilever
38 Facebook
39 Marriott International
40 Home Depot
41 BlackRock
42 PepsiCo
43 DuPont
44 eBay
45 Accenture
46 Deere
47 Intel
48 Delta Air Lines
49 Cisco Systems
50 AT&T
Return
14.8
29.8
49.3
11.7
27.1
1.4
33.8
24.4
84.5
12.3
39.6
8.1
32.8
15.1
4.1
-12.4
5.8
-13.9
20.5
13
-12.9
1.8
28.3
34.2
31.3
63.2
2.5
5.5
-9.6
16.3
5.7
19.3
-4
+0
8
30.6
6.1
-7.3
117.1
21.7
15.7
24.2
11.7
34.3
-5.1
8.3
-7.1
15.3
116.6
7.4
-4.5
Transcribed Image Text:Rank Company Name 1 Apple 2 Amazon.com 3 Google 4 Berkshire Hathaway 5 Starbucks 6 Coca-Cola 7 Walt Disney 8 FedEx 9 Southwest Airlines 10 General Electric 11 American Express 12 Costco Wholesale 13 Nike 14 BMW 15 Procter & Gamble 16 IBM 17 Nordstrom 18 Singapore Airlines 19 Johnson & Johnson 20 Whole Foods Market 21 Samsung Electronics 22 McDonald's 23 3M 24 Microsoft 25 Toyota Motor 26 Boeing 27 Exxon Mobil 28 Wal-Mart Stores 29 Target 30 J.P. Morgan Chase 31 Nestlé 32 UPS 33 Caterpillar 33 Goldman Sachs Group 35 Wells Fargo 36 Volkswagen 37 Unilever 38 Facebook 39 Marriott International 40 Home Depot 41 BlackRock 42 PepsiCo 43 DuPont 44 eBay 45 Accenture 46 Deere 47 Intel 48 Delta Air Lines 49 Cisco Systems 50 AT&T Return 14.8 29.8 49.3 11.7 27.1 1.4 33.8 24.4 84.5 12.3 39.6 8.1 32.8 15.1 4.1 -12.4 5.8 -13.9 20.5 13 -12.9 1.8 28.3 34.2 31.3 63.2 2.5 5.5 -9.6 16.3 5.7 19.3 -4 +0 8 30.6 6.1 -7.3 117.1 21.7 15.7 24.2 11.7 34.3 -5.1 8.3 -7.1 15.3 116.6 7.4 -4.5
Fortune magazine's list of the world's most admired companies for 2014 is provided in the data contained in the file Admired Companies (Fortune magazine
website). The data in the column labeled "Return" shows the one-year total return (%) for the top-ranked 50 companies. For the same time period the S&P
average return was 18.4%.
Click on the datafile logo to reference the data.
DATA file
a. Compute the median return for the top-ranked 50 companies (to 1 decimal).
%
b. What percentage of the top-ranked 50 companies had a one-year return greater than the S&P average return (to the nearest percent)?
%
c. Develop the five-number summary for the data. If required, round your answers to two decimals places. If required, enter negative values as negative
numbers.
Minimum
First Quartile
Median
Third Quartile
Maximum
Return
Transcribed Image Text:Fortune magazine's list of the world's most admired companies for 2014 is provided in the data contained in the file Admired Companies (Fortune magazine website). The data in the column labeled "Return" shows the one-year total return (%) for the top-ranked 50 companies. For the same time period the S&P average return was 18.4%. Click on the datafile logo to reference the data. DATA file a. Compute the median return for the top-ranked 50 companies (to 1 decimal). % b. What percentage of the top-ranked 50 companies had a one-year return greater than the S&P average return (to the nearest percent)? % c. Develop the five-number summary for the data. If required, round your answers to two decimals places. If required, enter negative values as negative numbers. Minimum First Quartile Median Third Quartile Maximum Return
Expert Solution
Step 1: the median return for the top ranked 50 companies is 

The objective of this part is to find the median return for the top ranked 50 companies.

Arrange the one-year total return in the increasing order from smallest to largest and assign the position numbers.

Picture 1 

Since there are 50 observations which is even, the median is the average of the 2 middle values, which is the average of the value in position 25th and 26th position. The values in the 25th and 26th position are 13 and 14.8 respectively. So, the median is calculated as follows:


Therefore, the median return for the top ranked 50 companies is .

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