A sample of University students who were asked how much they spent on their semester projects.One semester project Cost ($)Number of Students15-243125-344535-441945-548155-647065-7429 Table 2 Find the following from given Table 2i) Arithmetic Mean ii) Median Cost iii) Q1 & D4 iv) 25th & 46th Percentile

ClassFrequency15 - 243125 - 344535 - 441945 - 548155 - 647065 - 7429

Answered: sample of University students who were…

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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A sample of University students who were asked how much they spent on their semester projects.

One semester project Cost ($)	Number of Students
15-24	31
25-34	45
35-44	19
45-54	81
55-64	70
65-74	29

Table 2

Find the following from given Table 2

i) Arithmetic Mean ii) Median Cost iii) Q1 & D4 iv) 25th & 46^th Percentile

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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