The following list shows the 15 largest banks in the world by assets according to Standard and
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The following list shows the 15 largest banks in the world by assets according to Standard and Poor’s. Compute the median and the mean assets from this group. Which of these two measures do you think is most appropriate for summarizing these data, and why? What is the value of Q2? Determine the 63rd percentile for the data. Determine the 29th percentile for the data. How could such information on percentiles potentially help banking decision-makers?
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Bank Industrial & Commercial Bank of China (ICBC) China Construction Bank Corp. Agricultural Bank of China Bank of China Mitsubishi UFJ Financial Group JPMorgan Chase & Co. HSBC Holdings BNP Paribas Bank of America Credit Agricole Wells Fargo & Co. Japan Post Bank Citigroup Inc. Sumitomo Mitsui Financial Group Deutsche Bank Assets (US$ millions) 4,009 3,400 3,236 2,992 2,785 2,534 2,522 2,357 2,281 2,117 1,952 1,874 1,842 1,175 1,166
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Related Book For
Business Statistics For Contemporary Decision Making
ISBN: 9781119577621
3rd Canadian Edition
Authors: Ken Black, Ignacio Castillo
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