Calculate the median, quartiles, mean, standard deviation, and coefficient of variation of the Consumer Price Indexes of

Question:

Calculate the median, quartiles, mean, standard deviation, and coefficient of variation of the Consumer Price Indexes of Canadian provinces in 2013, from the data in the following table. Comment on whether the mean or median is higher. Is any province an outlier?

Province                                          All-Items CPI
Newfoundland and Labrador........................126
Prince Edward Island......................................128
Nova Scotia...................................................126.6
New Brunswick................................................123
Quebec..........................................................121.7
Ontario..............................................................123
Manitoba..........................................................123
Saskatchewan..............................................125.7
Alberta..........................................................128.9
British Columbia.........................................117.7

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

Step by Step Answer:

Related Book For  answer-question

Business Statistics

ISBN: 9780133899122

3rd Canadian Edition

Authors: Norean D. Sharpe, Richard D. De Veaux, Paul F. Velleman, David Wright

Question Posted: