The following list shows the 15 largest banks in the world by assets according to EagleTraders.com. Compute

Question:

The following list shows the 15 largest banks in the world by assets according to EagleTraders.com. Compute the median and the mean assets from this group. Which of these two measures do think is most appropriate for summarizing these data, and why? What is the value of Q2? Determine the 63rd percentile for the data. Determine the 29th percentile for the data.

Bank Assets ($ billions)

Deutsche Bank AG (Frankfurt) ..........842

BNP Paribas SA (Paris) .............700

Bank of Tokyo-Mitsubishi Ltd (Tokyo) ......700

UBS AG (Zurich) ................687

Bank of America NA (Charlotte) ..........572

The Sumitomo Bank Ltd (Tokyo) .........524

Bayerische Hypo-und Vereinsbank AG (Munich) ..504

The Norinchukin Bank (Tokyo) .........485

The Dai-Ichi Kangyo Bank Ltd (Tokyo) .......481

The Sakura Bank Ltd (Tokyo) ...........473

ABN AMRO Holding NV (Amsterdam) .....459

The Fuji Bank Ltd (Tokyo) ............458

Credit Agricole (Paris) .............441

Industrial & Commercial Bank of China (Beijing) ...428

Societe Generale (Paris) ..............407


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