Table 3.2 lists the total philanthropic givings (in million dollars) by six companies during 2007. Table 3.2 Philanthropic Givings of Six Companies During 2007 Corporation 04 Cong CVS Best Buy Staples Walgreen Lowe's B2 Wal-Mart Money Given in 2007 (millions of dollars) 22.4 31.8 19.8 9.0 27.5 337.9 2125000 Notice that the charitable contributions made by Wal-Mart are very large compared to those of other companies. Hence, it is an outlier. Show how the inclusion of this outlier affects the value of the mean.
Table 3.2 lists the total philanthropic givings (in million dollars) by six companies during 2007. Table 3.2 Philanthropic Givings of Six Companies During 2007 Corporation 04 Cong CVS Best Buy Staples Walgreen Lowe's B2 Wal-Mart Money Given in 2007 (millions of dollars) 22.4 31.8 19.8 9.0 27.5 337.9 2125000 Notice that the charitable contributions made by Wal-Mart are very large compared to those of other companies. Hence, it is an outlier. Show how the inclusion of this outlier affects the value of the mean.
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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