Question: RES 710 - Normal Distribution Application Using the data from your Wk 3 Mean, Median, and Mode assignment, describe the skewness and kurtosis with the

RES 710 - Normal Distribution Application

Using the data from your Wk 3 Mean, Median, and Mode assignment, describe the skewness and kurtosis with the distribution graph.

Mean: 251.48 The Mean is the income of all persons divided by the total number of persons.

Income of all the persons = (X-income* Number of persons) = 30,680

Total persons = (Number of persons) = 122 and Mean = 30680/122 = 251.48

Median: 250

The Median is calculated by arranging the income of all persons in ascending order to find the middle value.

Mode: 280The Mode is the repeated value of income in the data set.

Range: 170

The Range is the difference in the maximum and minimum value of data. Range = 250-180 = 170

Interquartile Range: 80 IQR = 280-200 = 80

Standard Deviation: 13 ((xi-)2/n)1/2

X (income) No. of persons
200 24
250 26
180 16
300 20
350 6
280 30

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!