Answered: Describe the Skewness of the data given…

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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Question

1. Describe the Skewness of the data given the following information: mean = 24; median = 26 ; mode = 29.

2. Find the interest deducted in advance of a P90,000.00 bank discount note with an interest rate in advance of 18% per annum, and a term of June 4, 2011 to March 3, 2012. Based from the given problem, what is the time to be used in the computation?

3. The scores of the sample of 11 senior high school students were recorded as follows: 70, 83, 74, 75, 81, 75, 92, 75, 90, 74, and 95. Find the mean.

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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