# Question: For the ages Answer the parts of exercise 1 a Find

For the ages: Answer the parts of exercise 1.

a. Find the average.

b. Find the median.

c. Construct a histogram, and give an approximate value for the mode.

d. Compare these three summary measures. What do they tell you about typical salaries in this administrative division?

a. Find the average.

b. Find the median.

c. Construct a histogram, and give an approximate value for the mode.

d. Compare these three summary measures. What do they tell you about typical salaries in this administrative division?

## Answer to relevant Questions

For the ages: Answer the parts of exercise 2. a. Construct a cumulative distribution function. b. Find the median, quartiles, and extremes. c. Construct a box plot, and comment on its appearance. d. Find the 10th percentile ...When a fixed number is added to each data value, what happens to a. The average, median, and mode? b. The standard deviation and range? c. The coefficient of variation? a. What is the range? b. What are the measurement units of the range? c. For what purposes is the range useful? d. Is the range a very useful statistical measure of variability? Why or why not? Here are rates of return for a sample of recent on-site service contracts: a. Find the average and standard deviation of these rates of return. b. Write a paragraph discussing the level of risk (a cost) and average return (a ...Consider the return on equity, expressed like an interest rate in percentage points per year, for a sample of companies: 5.5, 10.6, 19.0, 24.5, 6.6, 26.8, 6.2, –2.4, –28.3, 2.3 a. Find the average and standard deviation ...Post your question