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The following list shows the 15 largest banks in the world by assets according to EagleTraders.com. Compute the median and

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The following list shows the 15 largest banks in the world by assets according to EagleTraders.com. Compute the median and the mean assets from this group. Which of these two measures do think is most appropriate for summarizing these data, and why? What is the value of Q2? Determine the 63rd percentile for the data. Determine the 29th percentile for the data.

Bank ............Assets ($ billions)

Royal Bank of Scotland ....2801

Barclays ..........2740

Deutsche Bank ........2554

BNP Paribas .........2543

HSBC ...........2541

JP Morgan Chase ......2447

Credit Agricole ........2429

Citigroup ..........2398

Mitsubishi UFJ Financial ...2341

ING Group ........2264

Bank of America .......2127

UBS ..........2095

Mizuho Financial ...... 1873

Societe Generale .....1866

Banco Santander .....1837


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Mean x N 34 856 15 2323 73 The mean is 2323 73 The me…View the full answer


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Business Statistics For Contemporary Decision Making

Business Statistics For Contemporary Decision Making

ISBN: 978-1118749647

8th edition

Authors: Black Ken

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Question Posted: February 19, 2015 08:35:33
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