Question: The following data represent the late payment fee in dollars for a sample of 22 accounts. < LATE_PAYMENT > 20 40 40 38 35 35
The following data represent the late payment fee in dollars for a sample of 22 accounts. < LATE_PAYMENT >
20 40 40 38 35 35 45 50 45 40 35 45 20 38 45 45 15 35 40 35 45 40
a. Display the data as an ordered array.
b. Construct a stem-and-leaf display for the data.
c. Which of the two displays provides the most information?
Discuss.
d. Around what value, if any, are the late payment fees concentrated? Explain.
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