Assignment 2
Assignment 2
Question 1
e the following data are the ages of Internet users obtained from a sample. Use these data to compute a
Pearsonian coefficient of skewness. What is the meaning of the coefficient?
41 15 31 25 24 23 21 22 22 18 30 20 19 19 16 23 27 38 34 24 19 20 29 17 23
Question 2
e a consumer group asked 18 consumers to keep a yearly log of their shopping practices and that the
following data represent the number of coupons used by each consumer over the yearly period. Use the
data to construct a box-and-whisker plot.
List the median, Q1, Q3, the endpoints for the inner fences, and the endpoints for the outer fences.
Discuss the skewness of the distribution of these data and point out any outliers.
81 68 70 100 94 47 66 70 82 110 105 60 21 70 66 90 78 85
Question 3
The Polk Company reported that the average age of a car on U.S. roads in a recent year was 7.5 years.
Suppose the distribution of ages of cars on U.S. roads is approximately bellshaped. If 99.7% of the ages
are between 1 year and 14 years, what is the standard deviation of car age? Suppose the standard
deviation is 1.7 years and the mean is 7.5 years. Between what two values would 95% of the car ages fall?
Question 4
Runzheimer International publishes data on overseas business travel costs. They report that the average
per diem total for a business traveler in Paris, France, is $349. Suppose the shape of the distribution of the
per diem costs of a business traveler to Paris is unknown,but that 53% of the per diem figures are between
$317 and $381. What is the value of the standard deviation? The average per diem total for a business
traveler in Moscow is $415.If the shape of the distribution of per diem costs of a business traveler in
Moscow is unknown and if 83% of the per diem costs in Moscow lie between $371 and $459, what is the
standard deviation?
Question 5
Netvalley.com compiled a list of the top 100 banks in the United States according to total assets. Leading
the list was Bank of America, followed by JPMorgan Chase and Citibank. Following is an Excel analysis
of total assets ($ billions) of these banks using the descriptive statistics feature. Study the output and
describe in your own words what you can learn about the assets of these top 100 banks.
Mean 76.5411
Standard error 17.93374
Median 21.97
Mode 13.01
Standard deviation 179.3374
Sample variance 22.2632
Kurtosis 4.586275
Skewness 1096.01
Range Minimum 8.99 1105
Maximum Sum Count 32161.9
Question 6
. Because of the variability of bottling machinery, it is likely that every 200-milliliter bottle of Coca-Cola
does not contain exactly 200 milliliters of fluid. Some bottles may contain more fluid and others
less.Because 200-milliliter bottle fills are somewhat unusual,a production engineer wants to test some of
the bottles from the first production runs to determine how close they are to the 200-milliliter
specification. Suppose the following data are the fill measurements from a random sample of 50 bottles.
Use the techniques presented in this chapter to describe the sample. Consider measures of central
tendency, variability, and skewness. Based on this analysis,how is the bottling process working
200.1 199.9 200.2 200.2 200.0 200.1 200.9 200.1 200.3 200.5 199.7 200.4 200.3 199.8 199.3 200.1 199.4
199.6 199.2 200.2 200.4 199.8 199.9 200.2 199.6 199.6 200.4 200.4 200.6 200.6 200.1 200.8 199.9 200.0
199.9 200.3 200.5 199.9 201.1 199.7 200.2 200.5 200.2 199.7 200.9 200.2 199.5 200.6 200.3 199.8
Question 7
Calculate mean, median, mode, Q1, Q2, Q3 from the given data
Question 8
A research agency administers a demographic survey to 90 telemarketing companies to determine the size
of their operations. When asked to report how many employees now work in their telemarketing
operation, the companies gave responses ranging from 1 to 100. The agency’s analyst organizes the
figures into a frequency distribution.
Question 9
The radio music listener market is diverse. Listener formats might include adult contemporary, album
rock, top 40, oldies, rap, country and western, classical, and jazz. In targeting audiences, market
researchers need to be concerned about the ages of the listeners attracted to particular formats. Suppose a
market researcher surveyed a sample of 170 listeners of country music radio stations and obtained the
following age distribution.
Age Frequency
15–under 20 9
20–under 25 16
25–under 30 27
30–under 35 44
35–under 40 42
40–under 45 23
45–under 50 7
50–under 55 2
a. What are the mean and modal ages of country music listeners?
Question 10
The following data related to the ages of a group of government employees calculate the standard
deviation
Age Frequency
50-55 35
45-50 30
40-45 40
35-40 45
30-35 80
25-30 110
20-25 170
Question 11
Calculate co-efficient of skewness from the following data
Weekly earning No of workers
0-5 25
5-10 45
10-15 50
15-20 70
20-25 90
25-30 99
30-35 91
35-40 75
40-45 51
45-50 34
Question 12
According to a Human Resources report, a worker in the industrial countries spends on average
419 minutes a day on the job. Suppose the standard deviation of time spent on the job is 27
minutes.
a. If the distribution of time spent on the job is approximately bell shaped, between what two
times would 68% of the figures be? 95%? 99.7%
b. If the shape of the distribution of times is unknown, approximately what percentage of the
times would be between 359 and 479 minutes?
c. Suppose a worker spent 400 minutes on the job.What would that worker’s z score be, and
what would it tell the researcher?