Outliers have a dramatic effect on small data sets. For this exercise, the data consist of the
Question:
(a) Generate the boxplot and histogram of the sizes of these songs.
(b) Identify any outliers. What is the size of this song, in minutes and megabytes?
(c) What is the effect of excluding this song on the mean and median of the sizes of the songs?
(d) Which summary, the mean or median, is the better summary of the center of the distribution of sizes?
(e) Which summary, the mean or median, is the more useful summary if you want to know if you can fit this album on your iPod? Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Related Book For
Statistics For Business Decision Making And Analysis
ISBN: 9780321890269
2nd Edition
Authors: Robert Stine, Dean Foster
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