According to a recent study, the number of bankruptcies among small manufacturing companies in 11 counties of

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According to a recent study, the number of bankruptcies among small manufacturing companies in 11 counties of the state was:

14, 17, 12, 11, 17, 20, 11, 12, 15, 17, 20

a. Determine the mean, the median and the mode for the data.

b. Show the 11 values on the number line and mark the location of the mean, the median and the mode. Show the mean as the balance point for the data.

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Understanding Business Statistics

ISBN: 978-1118145258

1st edition

Authors: Stacey Jones, Tim Bergquist, Ned Freed

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Question Posted: Jul 16, 2015 03:48 PM

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According to a recent study, the number of bankruptcies among small manufacturing companies in 11 counties of

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a Mean 1509 This is the center of the data set insofar as it represents the bala...View the full answer

Understanding Business Statistics

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