Answered: The following table gives the…

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

The following table gives the distribution of the ages of a sample of 50 managers.

Age range	Frequency fifi
20≤age<25	7
25≤age<30	15
30≤age<50	23
50≤age<60	5

Sketch a histogram for this data, and calculate the mean x¯ and sample standard deviation s. Enter your answers in square brackets, separated by commas, and round to 2 decimal places when necessary.

Calculate the median x~, and interquartile range IQR. Enter your answers in square brackets, separated by commas and round to 2 decimal places

What proportion of managers (as a percentage, rounded to 2 decimal places) are over 40 years of age?

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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