According to the Energy Information Administration, the average U.S. household spends $1196 per year for electricity. Assume
Question:
a. Confirm the mean and determine the median and the standard deviation of the electricity expenditures.
b. Generate and interpret the box-and-whisker plot for the households from this region.
c. From the results in parts (a) and (b), do there appear to be any €œoutlier€ households? If so, for what reason(s) might energy-conservation officials wish to examine the habits or characteristics of these households?
A computer and statistical software will be desirable and useful. However, any necessary calculations can also be done with the aid of a pocket calculator. For readers using statistical software, keep in mind the file-naming key€” for example, the data for Exercise 3.57 will be in data file XR03057.
In exercise
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: