18. Fortune 500 Revenues Ten of the 50 largest businesses in the United States, randomly selected from

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18. Fortune 500 Revenues Ten of the 50 largest businesses in the United States, randomly selected from the Fortune 500, are listed as follows along with their revenues (in millions of dollars)4:

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a. Draw a stem and leaf plot for the data. Are the data skewed?

b. Calculate the mean revenue for these 10 businesses.
Calculate the median revenue.

c. Which of the two measures in part b best describes the center of the data? Explain.

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Introduction To Probability And Statistics

ISBN: 9780357114469

15th Edition

Authors: William Mendenhall Iii , Robert Beaver , Barbara Beaver

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Question Posted: Sep 05, 2024 02:01 AM

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18. Fortune 500 Revenues Ten of the 50 largest businesses in the United States, randomly selected from

Question:

Company Revenues Company Revenues General Motors $166,380 Target $69,495 IBM 79,919 Morgan Stanley 37,949 Bank of America 93,662 Johnson & Johnson 71,890 Home Depot 94,595 Apple 215,639 Boeing 94,571 Exxon Mobil 205,004

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Introduction To Probability And Statistics

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