Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Profits ($ Billion) Mean Standard Error Median Mode Standard Deviation Sample Variance Kurtosis Skewness Range Minimum Maximum Sum Count Confidence Level (95%) 0.471 0.095 0.104
Profits ($ Billion) Mean Standard Error Median Mode Standard Deviation Sample Variance Kurtosis Skewness Range Minimum Maximum Sum Count Confidence Level (95%) 0.471 0.095 0.104 0.249 1.146 1.314 20.546 4.198 7.942 0.004 7.946 68.780 146 0.187 Your choice: 4/15 QS The range of the profits in 2016 was $7.94 billion, indicating there may be some outliers in the data On average, profit values deviate from the mean by $0.249 billion The mean is greater than the median, indicating that there is a large negative skew The most common reported profit of NZ companies listed on the NZX was $0.104 billion
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started