A group of estate agents recorded the time spent on the first meeting with a random sample
Question:
A group of estate agents recorded the time spent on the first meeting with a random sample of 120 of their clients. The times, to the nearest minute, are summarised in the table. a Calculate estimates of the mean and variance of the times. b By interpolation obtain estimates of the median and quartiles of the times spent with customers. 3(mean - median) One measure of skewness is found using standard deviation c Evaluate this measure and describe the skewness of these data. The estate agents are undecided whether to use the median and quartiles, or the mean and standard deviation to summarise these data. d State, giving a reason, which you would recommend them to use.AppendixLO1
Step by Step Answer:
Edexcel As And A Level Modular Mathematics Statistics 1
ISBN: 978-0435519124
1st Edition
Authors: Keith Pledger Et Al