Suppose, CEO yearly compensations are sampled and the following five number summary is calculated (in millions)....
Suppose, CEO yearly compensations are sampled and the following five number summary is calculated (in millions).
Calculate the inter-quartile range (IQR)
Calculate the lower and upper fences.
Lower Fence
Upper Fence
Would an annual compensation of $15,000,000 be considered an outlier?(yes/no)
Would an annual compensation of $20,000,000 be considered an outlier? (yes/no)
| Minimum | 0.25 |
| Q1 | 1.25 |
| Median | 3.5 |
| Q3 | 7.25 |
| Maximum | 50 |
Homework Answers
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Suppose, CEO yearly compensations are sampled and the following
five number summary is calculated (in millions)....
Following is the five-number summary of salaries (in $) for a sample of marketing managers.. Min...
Following is the five-number summary of salaries (in $) for a sample of marketing managers.. Min O1 Median Q3 Max 46360 69693 77020 91750 129420 Would you expect the mean salary for this sample of marketing managers to be higher or lower than the median? Explain. Which would be a more appropriate measure of central tendency for these data, the mean or median? Explain. Calculate the range. Calculate the IQR.
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6. The following stem-and-leaf diagram gives the number of patents held by each of a sample...
6. The following stem-and-leaf diagram gives the number of
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Need help asap!!!
You are given the following dataset about the number of hours spent at the library on one day. 1.05 1.051.08 1.10 1.11 1.13 1.18 1.20 1.20 1.24 1.28 1.34 1.45 1.50 1.52 1.90 1.99 2.55 1.09 1.09 1.14 1.16 1.23 1.24 1.38 1.39 1.53 1.86 3.03 4.19 1. Using your dataset, make a frequency distribution table that displays intervals. Fill in the table below. Start your interval at 1.00. Use 2 decimals to help make your intervals,...
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Violent crimes include rape, robbery, assault, and homicide. The following is a summary of the violent-crime...
Violent crimes include rape, robbery, assault, and homicide. The following is a summary of the violent-crime rate (violent crimes per 100,000 population) for all states of a country in a certain year. Complete parts (a) through (d). Q1 = 272.8, Q2 = 388.5, Q3 = 528.3 (a) Provide an interpretation of these results. Choose the correct answer below. O A. 25% of the states have a violent-crime rate that is 272.8 crimes per 100,000 population or less. 50% of the...
6).
a.b.
The accompanying data represent the miles per gallon of a random sample of cars with a three-cylinder, 1.0 liter engine. (a) Compute the z-score corresponding to the individual who obtained 43.7 miles per gallon. Interpret this result. (b) Determine the quartiles. (c) Compute and interpret the interquartile range, IQR. (d) Determine the lower and upper fences. Are there any outliers? E Click the icon to view the data. (a) Compute the z-score corresponding to the individual who obtained...
6. The following stem-and-leaf diagram gives the number of
patents held by each of a sample of 36 public and private U.S.
universities.
A- I
6. The following stem-and-leaf diagram gives the number of patents held by each of a sample of 36 public and private U.S. universities. 0 223 4799 1 11145566689 2 023479 3 004355 419 a) What is the shape of the distribution? Explain. b) What percentage of universities in the sample hold at least 50 patents?...
Need help asap!!!
You are given the following dataset about the number of hours spent at the library on one day. 1.05 1.051.08 1.10 1.11 1.13 1.18 1.20 1.20 1.24 1.28 1.34 1.45 1.50 1.52 1.90 1.99 2.55 1.09 1.09 1.14 1.16 1.23 1.24 1.38 1.39 1.53 1.86 3.03 4.19 1. Using your dataset, make a frequency distribution table that displays intervals. Fill in the table below. Start your interval at 1.00. Use 2 decimals to help make your intervals,...
Violent crimes include rape, robbery, assault, and homicide. The following is a summary of the violent-crime rate (violent crimes per 100,000 population) for all states of a country in a certain year. Complete parts (a) through (d). Q1 = 271.8, Q2 = 387.9, Q3 = 529.7 (a) Provide an interpretation of these results. Choose the correct answer below. A. 75% of the states have a violent-crime rate that is 271.8 crimes per 100,000 population or less. 50% of the states...
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