Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Consider the following five-point summary for a variable that was obtained using 200 observations. Minimum Q1 Median Q3 Maximum 52 72 84 96 116 a-1.

Consider the following five-point summary for a variable that was obtained using 200 observations.

Minimum Q1 Median Q3 Maximum
52 72 84 96 116

a-1. Interpret Q1.

multiple choice 1

Eighty percent of the observations are less than 72, 20% of the observations are greater than 72.

Seventy-five percent of the observations are less than 72, 25% of the observations are greater than 72.

Twenty percent of the observations are less than 72, 80% of the observations are greater than 72.

Twenty-five percent of the observations are less than 72, 75% of the observations are greater than 72.

a-2. Interpret Q3. multiple choice 2

Eighty percent of the observations are less than 96, 20% of the observations are greater than 96.

Seventy-five percent of the observations are less than 96, 25% of the observations are greater than 96.

Twenty percent of the observations are less than 96, 80% of the observations are greater than 96.

Twenty-five percent of the observations are less than 96, 75% of the observations are greater than 96.

b-1. Calculate the interquartile range.

b-2. Determine whether any outliers exist. multiple choice 3

No outliers exist.

At least one outlier exists on the left side of the distribution.

At least one outlier exists on the right side of the distribution.

Outliers exist on both the left and right sides of the distribution.

c. Is the distribution relatively symmetric? If not, comment on its skewness. multiple choice 4

The distribution is symmetric.

The distribution is positively skewed.

The distribution is negatively skewed.

Symmetry or skewness cannot be determined with the available information.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Mathematics questions