You have income data for your entire customer database. Some of your clients are far wealthier...
You have income data for your entire customer database. Some of your clients are far wealthier than others. Which of the following do outliers least affect?
a. The median
b. The range
c. The mean
d. The standard deviation
Homework Answers
Correct option "A"
The median
Median is the imposition of the data so, it is not more affected if any data is far.
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6).
a.b.
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have a data set C1 and you do the following transformation using
statistical software: C2=C1/5
You find the mean, median and standard deviation of the
original C1 and the new C2 and compare them.
You must then answer the question pictured below. I assumed
"none of them" would be the answer since all three values changed
after the transformation, but that answer if wrong.
•If you shift the original data (C1) as follows: C3=C1+5 how
would you answer the...
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