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The revenues (in millions of dollars) for ten randomly selected businesses of the 50 largest businesses in the United Scates are listed below. Revenues Revenues $166.374 $69,505 $79,915 $37,947 $93,668 $71,884 $94,585 $215,641 $94,563 $205,000 A USE SALT (a) Draw a stem and leaf plot for the data. Are the data skewed? O The data are skewed to the right. O The data are mound-shaped. O The data are skewed to the left. (b) Calculate the mean revenue (in millions of dollars) for these 10 businesses. million Calculate the median revenue (in millions of dollars) for these 10 businesses. million (c) Which of the two measures in part (b) best describes the center of the data? Explain. O The mean and median are equally affected by outliers and are equal measures of center for this data. O Since the mean is strongly affected by outliers, the median would be a better measure of center for this data set. O Since the median is strongly affected by outliers, the mean would be a better measure of center for this data set.

The revenues (in millions of dollars) for ten randomly selected businesses of the 50 largest businesses in the United Scates are listed below. Revenues Revenues $166.374 $69,505 $79,915 $37,947 $93,668 $71,884 $94,585 $215,641 $94,563 $205,000 A USE SALT (a) Draw a stem and leaf plot for the data. Are the data skewed? O The data are skewed to the right. O The data are mound-shaped. O The data are skewed to the left. (b) Calculate the mean revenue (in millions of dollars) for these 10 businesses. million Calculate the median revenue (in millions of dollars) for these 10 businesses. million (c) Which of the two measures in part (b) best describes the center of the data? Explain. O The mean and median are equally affected by outliers and are equal measures of center for this data. O Since the mean is strongly affected by outliers, the median would be a better measure of center for this data set. O Since the median is strongly affected by outliers, the mean would be a better measure of center for this data set.

MATLAB: An Introduction with Applications
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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The revenues (in millions of dollars) for ten randomly selected businesses of the 50 largest businesses in the United States are listed below. Revenues Revenues $166,374 $69,505 $79,915 $37,947 $93,668 $71,884 $94,585 $215,641 $94,563 $205,000 A USE SALT (a) Draw a stem and leaf plot for the data. Are the data skewed? O The data are skewed to the right. O The data are mound-shaped. O The data are skewed to the left. (b) Calculate the mean revenue (in millions of dollars) for these 10 businesses. million Calculate the median revenue (in millions of dollars) for these 10 businesses. million (c) Which of the two measures in part (b) best describes the center of the data? Explain. O The mean and median are equally affected by outliers and are equal measures of center for this data. O Since the mean is strongly affected by outliers, the median would be a better measure of center for this data set. O Since the median is strongly affected by outliers, the mean would be a better measure of center for this data set.
Transcribed Image Text:The revenues (in millions of dollars) for ten randomly selected businesses of the 50 largest businesses in the United States are listed below. Revenues Revenues $166,374 $69,505 $79,915 $37,947 $93,668 $71,884 $94,585 $215,641 $94,563 $205,000 A USE SALT (a) Draw a stem and leaf plot for the data. Are the data skewed? O The data are skewed to the right. O The data are mound-shaped. O The data are skewed to the left. (b) Calculate the mean revenue (in millions of dollars) for these 10 businesses. million Calculate the median revenue (in millions of dollars) for these 10 businesses. million (c) Which of the two measures in part (b) best describes the center of the data? Explain. O The mean and median are equally affected by outliers and are equal measures of center for this data. O Since the mean is strongly affected by outliers, the median would be a better measure of center for this data set. O Since the median is strongly affected by outliers, the mean would be a better measure of center for this data set.
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