Listed below are the commissions earned ($000) last year by a sample of 15 sales representatives at Furniture Patch Incorporated $ 4.0$ 5.8$ 7.8$ 11.1$ 12.3$ 13.6$ 14.0$ 15.8$ 17.0$ 17.4$ 19.1$ 22.3$ 35.8$ 43.2$ 78.7 Click here for the Excel Data File Determine the mean, median, and the standard deviation. (Enter your answers in thousands and round your answers to 2 decimal places.) Determine the coefficient of skewness using Pearson’s method. (Round your answer to 3 decimal places.) Determine the coefficient of skewness using the software method. (Round your answer to 3 decimal places.)

Mean : mean is the average of the given data set .It is calculated by sum of all observation divided…

Answered: $ 4.0 $ 5.8 $ 7.8 $ 11.1 $ 12.3 $ 13.6…

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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Listed below are the commissions earned ($000) last year by a sample of 15 sales representatives at Furniture Patch Incorporated

$ 4.0	$ 5.8	$ 7.8	$ 11.1	$ 12.3	$ 13.6	$ 14.0	$ 15.8	$ 17.0
$ 17.4	$ 19.1	$ 22.3	$ 35.8	$ 43.2	$ 78.7

Click here for the Excel Data File

Determine the mean, median, and the standard deviation. (Enter your answers in thousands and round your answers to 2 decimal places.)

Determine the coefficient of skewness using Pearson’s method. (Round your answer to 3 decimal places.)

Determine the coefficient of skewness using the software method. (Round your answer to 3 decimal places.)

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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