LIND 18E STATISTICAL TECHNIQUES IN BUSIN
LIND 18E STATISTICAL TECHNIQUES IN BUSIN
18th Edition
ISBN: 9781264307746
Author: Lind
Publisher: McGraw Hil
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Chapter 4, Problem 29CE

a.

To determine

Construct box plot of the variable price.

Identify whether there are outliers or not.

Find the median price.

Find the first quartile value.

Find the third quartile value.

b.

To determine

Construct box plot of the variable size.

Identify whether there are outliers or not.

Find the median price.

Find the first quartile value.

Find the third quartile value.

c.

To determine

Construct scatter diagram for variables price and size.

Identify whether there is association between the two variables or not.

Identify whether association is direct or indirect.

Identify whether any point seems to be different from the others.

d.

To determine

Construct a contingency table for the variables shape and cut grade.

Find the most common cut grade.

Find the most common shape.

Find the most common combination of cut grade and shape.

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LIND 18E STATISTICAL TECHNIQUES IN BUSIN

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