Question

The following data contains the bounced check fees, in dollars, for a sample of 23 banks...

The following data contains the bounced check fees, in dollars, for a sample of 23 banks for direct deposit customers who maintain $100 balance:
26 28 20 20 21 22 25 25 18 25 15 20 18 20 25 25 22 30 30 30 15 20 29
a) Compute the mean, median, first quartile, and third quartile.
b) Compute the variance, standard deviation, range, and interquartile range.
c) Compute the Z scores. Are there any outliers (extreme values)?
d) Based on the results from (a) through (c), what conclusions can you reach
concerning the bounced check fees?
0 0
Add a comment Improve this question Transcribed image text
Know the answer?
Add Answer to:
The following data contains the bounced check fees, in dollars, for a sample of 23 banks...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • 4. The following data represent the bounced check fee in dollars for a sample of 23...

    4. The following data represent the bounced check fee in dollars for a sample of 23 banks for direct-deposit customers who maintain a S100 balance. 26 28 20 20 21 22 25 25 18 25 15 20 18 20 25 25 22 30 30 30 15 20 29 Place the data into an ordered array. a. b. Set ua stem and-leaf display for these data Stem Leaf Around what value(s), if any, do the bounced check fees seem to be...

  • The following data were collected as part of a study of coffee consumption among medical students....

    The following data were collected as part of a study of coffee consumption among medical students. The following reflect cups per day consumed: 3          4          6          8          2          1          0          2 First, put the data in order from lowest to highest: 0, 1, 2, 2, 3, 4, 6, 8 This will help you to find the median and the quartiles! 1) Compute the sample mean and round to one decimal place (see page 100). ____ 2) Compute the sample median...

  • The following data were collected as part of a study of coffee consumption among medical students....

    The following data were collected as part of a study of coffee consumption among medical students. The following reflect cups per day consumed: First, put the data in order from lowest to highest: 0, 1, 2, 2, 3, 4, 6, 8 This will help you to find the median and the quartiles 1) Compute the sample mean and round to one decimal place (see page 100), 2) Compute the sample median and round to one decimal place (see page 88)...

  • The following data are the ages (in years) at diagnosis for 20 patients under treatment for...

    The following data are the ages (in years) at diagnosis for 20 patients under treatment for meningitis: 18 18 25 19 23 20 69 18 21 18 20 18 18 20 18 19 28 17 18 18 (a) Calculate and interpret the values of the sample mean, variance, and standard deviation. (b) Compute the sample median. Why might you recommend the sample median as a measure of center rather than the sample mean? (c) Compute the upper quartile, the lower...

  • Chapter 03, Testbank, Question 079-090 The following data represent the ages of 15 people buying lift...

    Chapter 03, Testbank, Question 079-090 The following data represent the ages of 15 people buying lift tickets at a ski area 15 25 26 17 38 16 70 43 30 24 28 40 20 35 What is the mean of these data, rounded to two decimal places? What is the median of these data? What is the range of these data? What is the variance of these data, rounded to two decimal places? What is the standard deviation of these...

  • I need only i, j,and k please in clear writing 1. (15 Marks) The following are...

    I need only i, j,and k please in clear writing 1. (15 Marks) The following are body mass index (BMI) scores measured in 1l patients who are free of diabetes and participating in a study of risk factors for obesity Body mass index is measured as the ratio of weight in kilograms to bright in meters squared. 25, 27, 31, 23, 25, 41, 24, 32, 46, 35 and 40 Find the following a) Moan (1 point) b) Median (1 point)...

  • Suppose the following data set gives the age a person first receives a winning lottery ticket....

    Suppose the following data set gives the age a person first receives a winning lottery ticket. Use JMP to answer the questions below. Use JMP to answer the questions below. 35 43 16 30 20 32 25 26 32 30 18 35 21 27 34 5 38 31 38   41 15 22 28 38 a. find P15* b. in the context of this problem, interpret P15* c. find the quartiles d. find the interquartile range e. interpret the interquartile range...

  • I need all answers please in clear writing 1. (15 Marks) The following are body mass...

    I need all answers please in clear writing 1. (15 Marks) The following are body mass index (BMI) scores measured in 11 patients who are free of diabetes and participating in a study of risk factors for obesity, Body mass index is measured as the ratio of weight in kilograms to height in meters squared. 25, 27, 31, 28, 28, 41, 21, 32, 46, 35 and 40 Find the following a) Mcan (1 point) b) Median (1 point) c) Range...

  • 1. Consider the following POPULATION of quiz scores {18, 23, 7, 20, 15, 12, 6, 23,...

    1. Consider the following POPULATION of quiz scores {18, 23, 7, 20, 15, 12, 6, 23, 17, 16 } Compute the following: the mean ,μ, the variance, σ2, the standarddeviation, σ. State the mode, if one exists __________ ApplytheEmpiricalRuleatthe95%level. What percentage of these Quiz Scores actually lie within the interval found in part c? _________________________ II. Again consider the given Quiz Scores: {18, 23, 7, 20, 15, 12, 6, 23, 17, 16 } Determine Q1, the median, and Q3: Draw...

  • 1. (15 Marks) The following are body mass index (BMI) scores measured in 11 patients who...

    1. (15 Marks) The following are body mass index (BMI) scores measured in 11 patients who are free of diabetes and participating in a study of risk factors for obesity. Body mass index is measured as the ratio of weight in kilograms to height in meters squared 25, 27, 31, 28, 28, 41, 24, 32, 46, 35 and 40 Find the following a) Mean (I point) b) Meclion (1 point) c) Range (1 point) d) Lower Quartile (Q) (1 point)...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT