In this section we have presented a commonly accepted way to compute the first, second, and third
Question:
Using the method presented on pages 121 and 122 of this section, find Q1 and Q2 Then find the lower hinge and the upper hinge for the satisfaction ratings. How do your results compare?
b. Consider the following random sample of n = 11 doctors' salaries (in thousands of dollars):
Using the method presented on pages 121 and 122 of this section, find Q1 and Q3. The median of the 11 salaries is Md = 152. If we insert this median into the data set, we obtain the following set of n + 1 = 12 salaries:
Find the lower hinge and the upper hinge for the salaries. Compare your values of Q1 and Q3 with the lower and upper hinges,
c. For the 11 doctors' salaries, which quantities (Q1, Md, and Q3 as defined in on page 121 of this section or the lower hinge, Md, and the upper hinge) in your opinion best divide the salaries into four parts?
Step by Step Answer:
Business Statistics In Practice
ISBN: 9780073401836
6th Edition
Authors: Bruce Bowerman, Richard O'Connell