Find the minimum, median , standard deviation and IQR of the net sale prices.

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Answer 1

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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.

Chapter 5, Problem 29E

To determine

Find the minimum, median, standard deviation and IQR of the net sale prices.

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The following is a list of data on the duration of a sample of 200 outbreaks, in hours. 107 73 68 97 76 79 94 59 98 57 54 65 71 70 84 88 62 82 61 79 98 66 62 79 86 68 74 61 62 116 65 88 64 79 78 74 92 75 5289 85 28 73 80 68 78 89 72 78 88 77 103 88 63 68 90 62 89 71 71 74 222 R 82 79 70 ST☑ 65 98 77 86 58 69 88 81 74 70 65 81 75 81 78 90 78 96 75 KRRE F S 62 94 62 79 83 93 135 71 85 84 83 63 61 65 83 70 70 81 77 72 84 33 62 92 65 67 59 58 66 66 94 77 63 71 101 78 43 78 66 75 68 76 59 67 61 71 64 76 72 77 74 65 82 86 66 86 68 85 27% 96 72 77 60 67 87 83 68 72 74 91 76 83 งงง 8 སྐྱ ཐྭ ༄ ཏྱཾ 89 81 71 85 99 59 92 87 84 75 77 51 45 80 84 93 69 76 89 75 67 92 89 82 96 77 102 66 68 61 73 72 76 73 77 79 94 63 59 62 71 81 65 73 63 63 89 82 64 85 92 64 73 a. What is the variable? What type? b. Construct an interval-frequency table, with columns containing: class mark, absolute frequency, relative frequency, cumulative frequency, cumulative relative frequency, and percentage frequency.

Answer 2

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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.

Chapter 5, Problem 29E

To determine

Find the minimum, median, standard deviation and IQR of the net sale prices.

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 3

Question

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.

Chapter 5, Problem 29E

To determine

Find the minimum, median, standard deviation and IQR of the net sale prices.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 4

Question

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.

Chapter 5, Problem 29E

To determine