Use the stock price data for Exercises 2426. Investigate how the outlier affects the mean and median

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Use the stock price data for Exercises 24–26. 10 7 20 12 75 15 9 18 4 12 8 14

Investigate how the outlier affects the mean and median by doing the following.

a. Find the mean score and the median score, with and without the outlier.

b. State which measure, the mean or the median, the presence of the outlier affects more, and why.

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Discovering Knowledge In Data An Introduction To Data Mining

ISBN: 9780470908747

2nd Edition

Authors: Daniel T. Larose, Chantal D. Larose

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Question Posted: Nov 30, 2023 03:13 AM

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Use the stock price data for Exercises 2426. Investigate how the outlier affects the mean and median

Question:

10 7 20 12 75 15 9 18 4 12 8 14

Step by Step Answer:

To address this question well first calculate the mean average and the median the middle value when ...View the full answer

Discovering Knowledge In Data An Introduction To Data Mining

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