A specialty foods company sells gourmet hams by mail order. The hams vary in size from 4.15

Question:

A specialty foods company sells "gourmet hams" by mail order. The hams vary in size from 4.15 to 7.45 pounds, with a mean weight of 6 pounds and standard deviation of 0.65 pounds. The quartiles and median weights are 5.6, 6.2, and 6.55 pounds.
a) Find the range and the IQR of the weights.
b) Do you think the distribution of the weights is symmetric or skewed? If skewed, which way? Why?
c) If these weights were expressed in ounces (1 pound = 16 ounces) what would the mean, standard deviation, quartiles, median, IQR, and range be?
d) When the company ships these hams, the box and packing materials add 30 ounces. What are the mean, standard deviation, quartiles, median, IQR, and range of weights of boxes shipped (in ounces)?
e) One customer made a special order of a 10-pound ham. Which of the summary statistics of part d might not change if that data value were added to the distribution?
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Stats Data And Models

ISBN: 662

4th Edition

Authors: Richard D. De Veaux, Paul D. Velleman, David E. Bock

Question Posted: