Question: The data in the next table, compiled by the Center for International Trade Development (CITD), provide a listing of the top 30 U.S. export markets
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a. Locate the mean amount exported on the printout and practically interpret its value.
b. Locate the median amount exported on the printout and practically interpret its value.
c. Locate the mean 3-year percentage change on the printout and practically interpret its value.
d. Locate the median 3-year percentage change on the printout and practically interpret its value.
Descriptive Statistics: EXPORT, CHANGE Variable Hean StDev Minsmum 1 Median 3 Maximum IQR EXFORT 306531113 CHANGE 28 2 4812098 0 105 23 523 452 1 5750 47 -49 21 156 499 Top 30 U.S. Sparkling Wine Export Markets 3-Year Change (%) $ Thousands) Mexico Cayman Islands United Kingdom Netherlands Germany 4952 3714 2104 1576 1041 807 645 71.9 -16.9 143.2 280.7 465.8 550.8 658.8 20.5 -48.7 France 449 351 350 339 3419 272 5750 21.5 539.6 505.9 159 114.8 -31.6 1223.5 478.8 0.8 1490.9 NA 4478 NA 41.8 20.7 193.5 51 242.9 153,6 -16.7 lamaica China Taiwan Colombia Hong Kong Aruba 229 225 191 181 175 170 126 106 103 92 91 74 72 71 70 Haiti Switzerland Trinidad &Tobago Costa Rica Slovenia Neth. Antilles Bahamas New Zealand Honduras Philippines Belgium
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a The mean amount exported on the printout is 653 This means that the average amo... View full answer
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