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Questions: At a time of economic growth but political uncertainty, a sample of 40 economists (from the population of all economists) offers the following values
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At a time of economic growth but political uncertainty, a sample of 40 economists (from the population of all economists) offers the following values for the growth of an economy in the next year:
1.3 | 3.8 | 4.1 | 2.6 | 2.4 | 2.2 | 3.4 | 5.1 |
1.8 | 2.7 | 3.1 | 2.3 | 3.7 | 2.5 | 4.1 | 4.7 |
2.2 | 1.9 | 2.6 | 2.8 | 4.3 | 3.1 | 4.2 | 4.6 |
3.4 | 3.9 | 2.9 | 1.9 | 3.3 | 6.2 | 5.4 | 3.3 |
4.5 | 5.2 | 3.1 | 2.5 | 3.3 | 3.4 | 4.4 | 5.2 |
1. Display the data using a Stem-and-leaf diagram.
2. Find the median, the lower and upper quartiles, and the modal class.
3. Looking at the shape of your stem-and-leaf diagram. explain briefly whether and why you would expect the population mean to be greater than, or equal to or less than the population median.
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