Solution:
1. When data is skewed, the first 3 options do not follow. That is, for a symmetric distribution, median is average of smallest and largest observation (and equals the mode, as well as mean of the distribution). Option (b) as well holds for a symmetrical distribution. For any skewed distribution, median lies between the mean and mode of the data. Finally, median partitions any data set into two equal parts, irrespective of distribution being symmetric or skewed. Thus, correct option is (d).
2. If the 5 people who had initially traveled the maximum, have traveled even more further, while remaining people's distance coverage remain same as before, the mean value of distance traveled will go slightly up. But the median distance traveled is still same as old, since distance of only top 5 people has increased. So, now mean > median, which is an indication that the new distribution is rightly skewed. So, correct option is (b) would be right skewed.
3. The percentage of staff taking more than 1 sick day = 100 - percentage of people taking less than or equal to 1 sick day
= 100 - (percentage taking 0 sick day + percentage taking 1 sick day)
= 100 - (70.5 + 15.4)
= 100 - 85.9 = 14.1%
So, with number of permanent employees = 688, required percentage = (14.1/100)*688 = 97.008
So, 97 (post-rounding off) employees took more than one sick day during January.
4. For a binomial distribution, mean = n*p and variance = n*p*(1-p)
So, here mean = 25*0.20 = 5
variance = 25*0.20*(1-0.20) = 4
Standard deviation = (variance)1/2 = 41/2 = 2
So, correct option is (a) 5 and 2.
5. Since probabilities of all possible scenarios should add to 1,
probability of cold night + probability of cool night + probability of mild night = 1
0.15 + 0.34 + probability of mild night = 1
Probability of mild night = 1 - 0.15 - 0.34 = 0.51
Average sales value = probability of cold night*sales in cold night + probability of cool night*sales in cool night + probability of mild night*sales in mild night
Average value of sales = 0.15*909 + 0.34*833 + 0.51*695
Average sales value = 136.35 + 283.22 + 354.45 = $774.02
So, average sales in dollars is $774.02 (2 decimal places)
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