Find all the three measures of location (mode, median, mean), and decide which is the most suitable
Question:
Find all the three measures of location (mode, median, mean), and decide which is the most suitable one for the situation.
(a) The members of Femund Fishers’ Union are located as follows:
i. 24 are from Drevsjø in Engerdal, which has postal code 2443 ii. 6 are from ˚ Alesund, which has postal code 6020 iii. 19 are from Røros, which has postal code 7374 iv. 1 are from Bodø, which has postal code 8092
(b) A class of 50 enginering students had the following income distribution i. 51 earned nothing.
ii. Of the 49 remaining, 24 earned 312 000, while 25 earned 478 000.
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Measures of location a i Mode 2443 Drevsj central location near Femunden and has the most member...View the full answer
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Related Book For 
The Bayesian Way Introductory Statistics For Economists And Engineers
ISBN: 9781119246879
1st Edition
Authors: Svein Olav Nyberg
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