Shipments. Refer to the Review of Maritime Transports overview of 32 vessels, Exercise 2.32 (p. 80). Recall

Question:

Shipments. Refer to the Review of Maritime Transport’s overview of 32 vessels, Exercise 2.32 (p. 80). Recall that the vessels were from three different regions in Asia: (1) East Asia, (2) Southeast Asia, and (3) West Asia.

a. Construct a boxplot for the average age of vessels for each of the regions.

b. Find the median average age of vessels for the three regions.

c. How do the variabilities of the average age of vessels compare for the three regions?

d. The standard deviations of the average age of vessels are 7.1903 for East Asia, 2.3570 for Southeast Asia, and 5.8088 for West Asia. Do the standard deviations agree with the interquartile ranges with regard to the comparison of the variabilities of the average age of vessels?

e. Is there evidence of outliers in any of the three distributions?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Statistics For Business And Economics

ISBN: 9781292413396

14th Global Edition

Authors: James McClave, P. Benson, Terry Sincich

Question Posted: