Calculate the median, quartiles, mean, standard deviation, and coefficient of variation of the Consumer Price Indexes of
Question:
Calculate the median, quartiles, mean, standard deviation, and coefficient of variation of the Consumer Price Indexes of Canadian provinces in 2013, from the data in the following table. Comment on whether the mean or median is higher. Is any province an outlier?
Province All-Items CPI
Newfoundland and Labrador........................126
Prince Edward Island......................................128
Nova Scotia...................................................126.6
New Brunswick................................................123
Quebec..........................................................121.7
Ontario..............................................................123
Manitoba..........................................................123
Saskatchewan..............................................125.7
Alberta..........................................................128.9
British Columbia.........................................117.7
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Business Statistics
ISBN: 9780133899122
3rd Canadian Edition
Authors: Norean D. Sharpe, Richard D. De Veaux, Paul F. Velleman, David Wright