
(a)
Mean and median.
(a)

Explanation of Solution
The mean and median of a woman’s bone density loss is calculated using statistical software and Spreadsheet. The values of mean and median are shown below.
Mean value: 35.01
Median value: 36
Mean: Mean is the average value of the data recorded. That is, it is the sum of the terms (given data) divided by the number of terms.
Median: Median is the mid value of the recorded data.
(b)
Standard deviation.
(b)

Explanation of Solution
Standard deviation of the bone density losses is 7.68. Spreadsheet is shown in part (a).
Standard deviation: Standard deviation can be defined as the amount of variation of a set of data or values.
(b)
Interpretation of the data.
(b)

Explanation of Solution
The values in the spreadsheet show that born density losses lie below 36.
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Chapter 4 Solutions
EBK STATISTICS FOR MANAGEMENT AND ECONO
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