Question: (a) For each data set, calculate the mean, median, and mode. (b) Which, if any, of these three measures is the weakest indicator of a
(a) For each data set, calculate the mean, median, and mode.
(b) Which, if any, of these three measures is the weakest indicator of a "typical" data value? Why?
a. Number of e-mail accounts (12 students): 1, 1, 1, 1, 2, 2, 2, 3, 3, 3, 3, 3
b. Number of siblings (5 students): 0, 1, 2, 2, 10
c. Asset turnover ratio (8 retail firms): 1.85, 1.87, 2.02, 2.05, 2.11, 2.18, 2.29, 3.01
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