Question: List and briefly describe the different methods for summarizing a
List and briefly describe the different methods for summarizing a data set.
Answer to relevant QuestionsWhat is meant by a typical value for a list of numbers? Name three different ways of finding one. Consider the quality of cars, as measured by the number of cars requiring extra work after assembly, in each day’s production for 15 days: 30, 34, 9, 14, 28, 9, 23, 0, 5, 23, 25, 7, 0, 3, 24 a. Find the average number of ...Table 4.3.1 provides a list of the amounts that your regular customers spent on your products last month: a. Find the average sales per regular customer. b. Find the median and quartiles. c. Draw the box plot. d. Find the ...For the yields of municipal bonds (Table 3.9.1 in Chapter 3): a. Find the average yield. b. Find the median yield. c. Find the quartiles. d. Find the five-number summary. e. Draw a box plot of these yields. f. Identify the ...For the percent changes in January 2002 for the 30 companies in the Dow Jones Industrial Average (Table 2.6.7 in Chapter 2): a. Find the mean percent change. b. Find the median percent change. c. Find the five-number summary ...
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