1. Consider the data below for deposits brought in by officers of two differentbanks withthe objective of recovering loans by various officers.Bank ABank B282520722733206931092804165822074285286233531449220728821647205120452383189417321979125829821677322322302597351224441773271113191884235920452281123016651294Draw a well labeled diagram featuring the deposits for the two banks.Also draw a summary statistics table that has at least one measure ofcentral tendency, measure of dispersion, measure of position and measureof shape for each companyIf the industry has an average cash deposit of 2100, which bank isperforming better? Which bank is more consistent (coefficient ofvariation). Comment on the shape of the two distributions in a practicalsense.

For the provided data, the appropriate visual representation is the Line Graph. The distribution of…

If the industry has an average cash deposit of 2100, which bank is performing better? Which bank is more consistent (coefficient of variation). Comment on the shape of the two distributions in a practical sense.

If the industry has an average cash deposit of 2100, which bank is performing better? Which bank is more consistent (coefficient of variation). Comment on the shape of the two distributions in a practical sense.

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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Concept explainers

Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.

Question

1. Consider the data below for deposits brought in by officers of two different
banks withthe objective of recovering loans by various officers.
Bank A
Bank B
2825
2072
2733
2069
3109
2804
1658
2207
4285
2862
3353
1449
2207
2882
1647
2051
2045
2383
1894
1732
1979
1258
2982
1677
3223
2230
2597
3512
2444
1773
2711
1319
1884
2359
2045
2281
1230
1665
1294
Draw a well labeled diagram featuring the deposits for the two banks.
Also draw a summary statistics table that has at least one measure of
central tendency, measure of dispersion, measure of position and measure
of shape for each company
If the industry has an average cash deposit of 2100, which bank is
performing better? Which bank is more consistent (coefficient of
variation). Comment on the shape of the two distributions in a practical
sense.

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