Ten of the 50 largest businesses in the United States, randomly selected from the Fortune 500, are

Question:

Ten of the 50 largest businesses in the United States, randomly selected from the Fortune 500, are listed below along with their revenues (in millions of dollars):2

Revenues Revenues Company General Motors Company Target Morgan Stanley Johnson & Johnson $192,604 $52,620 52,498 IBM Ban

a. Draw a stem and leaf plot for the data. Are the data skewed?
b. Calculate the mean revenue for these 10 businesses. Calculate the median revenue.
c. Which of the two measures in part b best describes the center of the data? Explain.

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

Step by Step Answer:

Related Book For  book-img-for-question

Introduction To Probability And Statistics

ISBN: 9780495389538

13th Edition

Authors: William Mendenhall, Robert J. Beaver, Barbara M. Beaver

Question Posted: