Exam 3: Describing Data: Numerical Measures

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The printout below is a summary of the average annual earnings of male full time workers in Canada from 1999-2008. Determine the coefficient of variation. The printout below is a summary of the average annual earnings of male full time workers in Canada from 1999-2008. Determine the coefficient of variation.

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(i. If a distribution is highly skewed, the mean (measure of central tendency) should be avoided. (ii. A characteristic of the population is called a parameter (iii) A sample revealed that the ages of musicians playing in small local combos are 36, 29, 37, 32, 36 and 75. The median is the most appropriate measure of central tendency to represent the ages Of the musicians.

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(i. The range for laminate flooring is 0 or none. (ii. The variance for laminate flooring is 0. (iii) The range for nylon carpet is $0.12 or 12 cents.

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i. If there is an even number of ungrouped values, then half of the values will be less than the Median. ii. Extremely high or low scores affect the value of the median. iii. There are always as many values above the mean as below it.

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Listed below is the box plot of average earnings ratio for full-year, full-time female workers from 1999 to 2008: Listed below is the box plot of average earnings ratio for full-year, full-time female workers from 1999 to 2008:   From this we can interpret that the third quartile of average earnings for women for the years 1999- 2008 was approximately: From this we can interpret that the third quartile of average earnings for women for the years 1999- 2008 was approximately:

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i. The sum of the deviations from the mean for the set of numbers 4, 9 and 5 will equal zero. ii. If there is an even number of ungrouped values, the median is found by arranging them from low To high and then determining the arithmetic mean of the two middle values. iii. For salaries of $102,000, $98,000, $35,000, $106,000 and $101,000, the median would be an Appropriate average.

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(i. If two sets of data are in different units, we can compare the dispersion by using coefficient of Variation. (ii. A sample of the homes currently offered for sale revealed that the mean asking price is $75,900, The median $70,100 and the modal price is $67,200. The standard deviation of the distribution is $5,900. The Pearson's coefficient of skewness is 2.95 (iii) The coefficient of variation is a measure of central tendency.

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What statistics are needed to draw a box plot?

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In the calculation of the arithmetic mean for grouped data, which value is used to represent all the Values in a particular class?

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i. In a positively skewed distribution, the mean is always greater than the median. ii. In a negatively skewed distribution, the mode occurs at the peak of the curve. iii. In a negatively skewed distribution, the mode is greater than the median.

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(i. The median for the distribution of number of sales per hour is 5 sales per hour. (ii. The first quartile for the distribution of number of sales per hour is 4 sales per hour. (iii) For the distribution of number of sales per hour, 50% of the observations are between 4 and 6.5.

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(i. The median for the distribution of number of sales per hour is 5 sales per hour. (ii. The first quartile for the distribution of number of sales per hour is 4 sales per hour. (iii) For the distribution of number of sales per hour, 50% of the observations are between 3 and 7.5.

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The sum of the differences between sample observations and the sample mean is

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i. The mode is the value of the observation that appears most frequently. ii. A distribution that has the same shape on either side of the center is said to be symmetrical. iii. Negatively skewed indicates that a distribution is not symmetrical. The long tail is to the left or in The negative direction.

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(i. The research director of a large oil company conducted a study of the buying habits of Consumers with respect to the amount of gasoline purchased at full-service pumps. The arithmetic Mean amount is 11.5 gallons and the median amount is 11.95 litres. The standard deviation of the Sample is 4.5 litres. The Pearson's coefficient of skewness can be calculated to be -0.30. (ii. Rainbow Trout, Inc., feeds fingerling trout in special ponds and markets them when they attain a Certain weight. A group of 9 trout (considered the population) were isolated in a pond and fed a Special food mixture called Grow Em Fast. At the end of the experimental period, the weights of the Trout were (in grams): 124, 125, 123, 120, 124, 127, 125, 126 and 121. Another special mixture, Fatso 1B, Was used in another pond. The mean of the population was computed to be 126.9 grams and the Standard deviation was 1.20 grams. When these data are analysed, we discover that the food Resulting in a more uniform weight is Fatso 1B. (iii) A study has been made of the number of hours a light bulb will operate before it burns out. If the Variance of this distribution were computed, it would be measured in hours squared

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The following printout is a summary of number of bedrooms in homes for sale in Regina: The following printout is a summary of number of bedrooms in homes for sale in Regina:   What can we determine from this printout? What can we determine from this printout?

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A study of business faculty in Ontario revealed that the arithmetic mean annual salary is $62,000 And a standard deviation of $3,000. The study also showed that the faculty had been employed an Average (arithmetic mean) of 15 years with a standard deviation of 4 years. How does the relative Dispersion in the distribution of salaries compare with that of the lengths of service?

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(i. If a distribution is highly skewed, the median (measure of central tendency) should be avoided. (ii. A characteristic of the population is called a parameter (iii) A sample revealed that the ages of musicians playing in small local combos are 36, 29, 37, 32, 36 and 75. The median is the most appropriate measure of central tendency to represent the ages Of the musicians.

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(i. The range for laminate flooring is 0 or none. (ii. The variance for laminate flooring is 1. (iii) The range for nylon carpet is $0.12 or 12 cents.

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The mean, as a measure of central location would be inappropriate for which one of the following?

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