For the tourist spending data in Exercise 79, identify any outliers by using the In Exercise 79

Question:

For the tourist spending data in Exercise 79, identify any outliers by using the

In Exercise 79

Market                                          Daily Expenditure

US West……………………… $144.1

US East……………………….          169.6

Japan………………………….          234.7

Canada            ……………………….           146.5

Europe……………………….            132.1

Oceania………………………           171.0

Other Asia……………………           194.9

Latin America………………..           179.6

Other…………………………           169.5

a. “1.5 times the inter-quartile range” approach.

b. “3 standard deviations” approach.

c. Compute a z-score for $234.70.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Understanding Business Statistics

ISBN: 978-1118145258

1st edition

Authors: Stacey Jones, Tim Bergquist, Ned Freed

Question Posted: