An online retailer that sells board games and puzzles has produced summary measures, shown in the right-hand

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An online retailer that sells board games and puzzles has produced summary measures, shown in the right-hand column, describing the cost charged to consumers for shipping. Write a short description of the data incorporating a discussion of symmetry and skewness to inform the retail owners whether the data related to shipping charges are bell-shaped and how this is reflected in the measures of central tendency, particularly the median and mean.

Shipping charges
Mean .......................................................... 10.5331
Standard error ....................................... 0.171893
Median .............................................................. 9.8
Mode .................................................................... 8
Standard deviation ............................... 2.881457
Sample variance .................................... 8.302794
Kurtosis .................................................. 3.002015
Skewness ............................................... 1.855815
Range ................................................................. 13
Minimum .......................................................... 7.7
Maximum ....................................................... 20.7
Sum ............................................................ 2959.8
Count ............................................................... 281

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Business Analytics And Statistics

ISBN: 9780730363330

1st Edition

Authors: Ken Black, John Asafu Adjaye, Paul Burke, Nelson Perera, Carl Sherwood, Saleh A. Wasimi

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