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MONTH NO. OF VEHICLES PRODUCED January 3770 February 3680 March 3300 April 3500 May 3440 June 3640 July 3730 August 3240 September 2900 October 3800
MONTH NO. OF VEHICLES PRODUCED January 3770
February 3680
March 3300 April 3500 May 3440 June 3640 July 3730 August 3240 September 2900 October 3800 November 4120 December 4540
MONTH | NO. OF VEHICLES PRODUCED |
January | 3770 |
February | 3680 |
March | 3300 |
April | 3500 |
May | 3440 |
June | 3640 |
July | 3730 |
August | 3240 |
September | 2900 |
October | 3800 |
November | 4120 |
December | 4540 |
Source: Vancouver Car Manufacturing Company Ltd, 2000
Arrange the data in ascending or descending order. Group the data/scores into four equal sets as follows, and then indicate the following:
- the First quartile
- the Third quartile
- Range - difference.
- Interquartile range
- how do the outputs differ between the four quartile periods. Or how does production in Q.1, then Q.2, then Q.3 and finally Q.4 differ from one another? What does the trend indicate to you? In other words, were there production increases, decreases or stagnation/mixed signals during each of these periods?
3. Calculate moving averages for the following periods:
- July, August; September
- August, September, October
- September, October, November
- October, November, December
Again, what does the trend in production here indicate to you? How does the trend portrayed by the moving averages differ from that indicated by the quartiles? If there is a difference between the two, suggest why.
MENTION FORMULA
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