Question: The histogram shows the December charges (in $) for 5000 customers from one marketing segment from a credit card company. (Negative values indicate customers who
The histogram shows the December charges (in $) for 5000 customers from one marketing segment from a credit card company. (Negative values indicate customers who received more credits than charges during the month.)
a) Write a short description of this distribution (shape, center, spread, unusual features).
b) Would you expect the mean or the median to be larger? Explain.
c) Which would be a more appropriate summary of the center, the mean or the median? Explain.
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December Charge
800 - 600 - 400 LIL 200 F -1000 0 1000 2000 3000 4000 5000
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a Shape the distribution is clearly skewed to the right Center it is more difficult to determine visually the center of a skewed distribution The cent... View full answer
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