The table here shows the price that US airlines paid for a gallon of fuel since 1980.
Question:
a. Identify the 1st, 2nd, and 3rd quartiles, and explain what each indicates.
b. Determine the inter-quartile range and explain what it indicates.
Transcribed Image Text:
Year /Gallon 1980 0.86 1981 $1.02 1982 0.97 1983 0.88 1984 $0.84 1985 $0.80 1986 055 1987 $0.55 1988 0.52 1989 0.60 1990 0.77 1991 0.67 1992 s0.62 | 1993 0.59 1994 054 1995 0.55 Year $/Gallon 1996 .65 1997 0.63 1998 0.50 1999 0.52 2000 0.79 2001 2002 $0.70 2003 0.83 2004 $1.13 2005 $1.63 2006 $1.93 2007 $2.07 2008 $2.98 $0.76 2009 .90 2010 2.24 2011 $2.89
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 90% (10 reviews)
The ordered list is 50 52 52 54 55 55 55 59 60 62 63 65 67 70 76 77 79 80 83 84 86 88 97 102 113 163 ...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Understanding Business Statistics
ISBN: 978-1118145258
1st edition
Authors: Stacey Jones, Tim Bergquist, Ned Freed
Question Posted:
Students also viewed these Statistics questions
-
The table here shows the no-arbitrage prices of securities A and B that we calculated. a. What are the payoffs of a portfolio of one share of security A and one share of security B? b. What is the...
-
The table here shows betas for several Canadian companies from yahoo.finance.com. Calculate each stock's expected rate of return using the CAPM. Assume the risk-free rate of interest is 2%. Use a 7%...
-
The table here shows six stocks traded on either the New York Stock Exchange (NYSE) or the NASDAQ Exchange. Also shown is an indication of whether the stock gained or lost value by the close of the...
-
ABC Corporation earned $300,000 in profit in the current tax year, which is significantly higher than its previous year's earnings. Thus, its shareholders expected large dividends in the current...
-
What is a forecast? How are forecasts related to business planning?
-
(a) Show that the mass M of an atom is given approximately by Mapp = Amp, where A is the mass number and mp the proton mass. For (b) 1H, (c) 31P, (d) 120Sn, (e) 197Au, and (f) 239Pu, use the mass...
-
A superball is dropped from a 2.00 m height. After it rebounds, it reaches a new height of 1.65 m. Assuming a constant coefficient of restitution, find the (ideal) total distance the ball will travel...
-
Ralph Janaro simply does not have time to analyze all of the items in his company's inventory. As a young manager, he has more important things to do. The following is a table of six items in...
-
What is meant by marginal analysis? What is meant by the statement, "Marginal analysis is made more complicated by long-run considerations"? Do marginal costs always consist only of variable costs?
-
Henry's Hardware is a small family business in Sacramento, California. The owners, Henry and Kathleen, must use even' square foot of store space as profitably as possible. They have never kept dewed...
-
The Economic Census shows the following sales (in $billions) for businesses in 20 manufacturing sectors Manufacturing Sector Sales ($billions) Food products.. 490.1 Tobacco products. 36.6 Textile...
-
The table below shows the percent of the population under 15 years of age for the countries of Southeast Asia. Country % Under 15 Years Brunei 27 Cambodia. 33 Indonesia.. 28 Laos.. 41 Malaysia 30...
-
A proton moves in a region of uniform magnetic field, as shown in Figure Q24.23. The velocity at one instant is shown. Will the subsequent motion be a clockwise or counterclockwise orbit? FIGURE...
-
Lauder Company manufactures and distributes various fixtures used primarily in new building construction. At the company's Bayside plant, Lauder produces two models of one widely used fixture...
-
Case Questions: Recall from class that components (in the WACC formula) are based on the (long-term) target debt-equity ratio. Assumptions: The beta of debt (for both Midland and its divisions) is...
-
The first production department of Stone Incorporated reports the following for April Direct Materials Conversion Units Beginning work in process inventory 79,000 Percent Complete 80% Percent...
-
3/4 (a) Differentiate log x-3 w.r.tx. x+3 (b) Differentiate log[log(log.x)] w.r.tx.
-
a. Net income was $465,000. b. Issued common stock for $71,000 cash. c. Paid cash dividend of $18,000. d. Paid $120,000 cash to settle a long-term notes payable at its $120,000 maturity value. e....
-
The General Milk Company (GMC) is currently evaluating the NPV of establishing a line of chocolate milk. As part of the evaluation, the company paid a consulting firm $100,000 last year for a test...
-
Highland Theatre is owned by Finnean Ferguson. At June 30, 2014, the ledger showed the following: Cash, $6,000; Land, $100,000; Buildings, $80,000; Equipment, $25,000; Accounts Payable, $5,000;...
-
Discuss the guidelines that project mangers can use to improve cash flow.
-
A physical therapist wants to determine the difference in the proportion of men and women who participate in regular, sustained physical activity. What sample size should be obtained if she wishes...
-
An educator wants to determine the difference between the proportion of males and females who have completed 4 or more years of college. What sample size should be obtained if she wishes the estimate...
-
On April 12, 1955, Dr. Jonas Salk released the results of clinical trials for his vaccine to prevent polio. In these clinical trials, 400,000 children were randomly divided in two groups. The...
-
Payments to principal on a mortgage a . represent the cost to the individual for taking out the loan. b . increase the market value of the home. c . decrease the market value of the home. d ....
-
Since its incorporation, Lookout Ltd. has been a CCPC. Lookout's taxable income was $755,700 for its taxation year ending December 31, 2021, and $811,900 for its taxation year ending December 31,...
-
If demand for X goes up due an increase in the price of Y , X and Y are - - - - - - - - - - - . Question 1 4 options: Complements Substitutes Dependent Nonexistent Inconsistent
Study smarter with the SolutionInn App