Data are collected on the fuel economy of 2016 model midsize cars. The information measured in average
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Question:
Data are collected on the fuel economy of 2016 model midsize cars. The information measured in average miles per gallon (mpg) is summarized below:
Descriptive Statistics: MPG
Variable | Total Count | Mean | StDev | Min | Q1 | Median | Q3 | Max |
MPG | 32 | 31.750 | 3.874 | 24.000 | 28.000 | 32.500 | 33.750 | 41.000 |
The government is interested in cars using less fuel, so they decide to provide a ‘gas guzzler tax' for those who own vehicles that get bad gas mileage (low numbers for mpg). What is cutoff for MPG if you want only 25% of the cars to receive this tax?
Related Book For
An Introduction to Management Science Quantitative Approach to Decision Making
ISBN: 978-1337406529
15th edition
Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
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