Question

The histogram shows the December charges (in $) for 5000 customers from one marketing segment from a credit card company. (Negative values indicate customers who received more credits than charges during the month.)
a) Write a short description of this distribution (shape, center, spread, unusual features).
b) Would you expect the mean or the median to be larger? Explain.
c) Which would be a more appropriate summary of the center, the mean or the median? Explain.
December Charge


$1.99
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  • CreatedMay 14, 2015
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