CHAPTER 3 DESCRIBING DATA: NUMERICAL MEASURES 1. 5.4 found by 27/5 2. 5.5 found by 33/6 3. a. b. Mean = 7.0, found by 28/4 (5 7) (9 7) (4 7) (10 7) 0 4. a. b. 4.2 found by 21/5 (1.3 4.2) (7.0 4.2) (3.6 4.2) (4.1 4.2) (5.0 4.2) 0 5. 14.58, found by 43.74/3 6. $20.95, found by $125.68/6 7. a. b. 15.4, found by 154/10 Population parameter since it includes all the salespersons at Midtown Ford. 8. a. b. 23.9, found by 167/7 Population parameter since it includes all the calls during a seven-day period. 9. a. b. $54.55, found by $1091/20 A sample statistic, assuming that the power company serves more than 20 customers. 10. a. b. 10.73, found by 161/15 Sample of RN’s 11. Yes, $162,900 found by 30($5430). 12. Veteran sales people likely are above average and new recruits are below average. So, the sales goal is impractical and leads to more exits. 13. $22.91, found by 14. $1.50 found by ($40 + $35)/50 15. $17.75, found by [50($8) + 50($15) + 100($24)]/200 or $3550/200 16. $143.75, found by ($1000 +$750 + $4000)/40 17. a. b. c. 18. Mean = 32.57; Median = 33; Mode = 15 300($20) 400($25) 400($23) 300 400 400 $25, 200 1100 no mode The given value would be the mode 3 and 4, bimodal 27 Chapter 3 19. Mean = 3.25; Median = 5; Mode = 5 20. Mean = 11.1; Median = 10.5; Mode = 8 21. a. b. 22. Median = 9.2 Modes are 8.2, 8.5, and 10.3 23. Mean = 58.82; Median = 58; Mode = 58; All three measures are nearly identical. 24. Mean = 94.5; Median = 99.5; Applicants are no better than regular people 25. a. 7.53, found by 90.4/12 b. 7.45, found by (7.6 + 7.3)/2 and there are several modes c. 8.5, found by 34/4 and 8.7, it is somewhat higher. 26. Treat Wind Direction as nominal, Temperature as interval, and Pavement as ordinal data. That would lead to a mod (Southwest) for the first column, a mean (91) for the second column, and a median (Trace) for a third. 27. 12.8 found by 28. 6.0 percent increase, found by 29. 12.28 percent increase, found by 30. 20.4% found by 31. 2.46% found by 32. 5.11% found by 33. 34. Median = 2.9 Mode = 2.9 5 (1.08)(1.12)(1.14)(1.26)(1.05) 1.128 8 8 (1.02)(1.08)(1.06)(1.04)(1.10)(1.06)(1.08)(1.04) 1.060 5 (1.094)(1.138)(1.117)(1.119)(1.147) 1.1228 66, 290, 000 1 14,968, 000 10 188.9 1 148.2 2.57 1 0.605 70 10.76% found by 5 1 42 29 11,354 1 4975 27,516 1 6.95% for private colleges found by 12 12, 284 7.12% for public colleges found by 12 The rates of increase are about the same with private colleges slightly higher. Chapter 3 28 35. a. b. c. d. 7, found by 10 – 3 6, found by 30/5 2.4, found by 12/5 The difference between the highest number sold (10) and the smallest number sold (3) is 7. On the average the number of HDTV’s sold deviates by 2.4 from the mean of 6. 36. a. b. c. d. 24, found by 52 – 28 38 6.25, found by 50/8 The difference between 28 and 52 is 24. On the average the number of students enrolled deviates 6.25 from the mean of 38. 37. a. b. c. d. 30, found by 54 – 24 38, found by 380/10 7.2, found by 72/10 The difference between 54 and 24 is 30. On the average the number of minutes required to install a door deviates 7.2 minutes from the mean of 38 minutes. 38. a. b. c. d. 7.6%, found by 18.2 – 10.6 13.85% found by 110.8/8 2%, found by 16/8 The difference between 18.2 and 10.6 is 7.6%. On the average the return on investment deviates two percent from the mean of 13.85%. 39. a. b. c. d. The ranges are 32, found by 46 – 14, and 19, found by 35 – 16, respectively. The means are 33.1, found by 331/10, and 24.5, found by 245/10, respectively. The mean deviations are 7.88 and 4.20, respectively. The California group is more diverse, but it does have a higher mean. 40. a. b. c. d. The ranges are 10 and 5, respectively. The means are 3.5 and 1.13, respectively. The mean deviations are 2.38 and 1.19, respectively. The Chickpee employees have both fewer lost days and less randomness. 41. a. 5 b. 4.4 found by a. 8 b. 9.67 found by a. $2.77 b. 2 42. 43. (8 5)2 (3 5) 2 (7 5) 2 (3 5) 2 (4 5) 2 5 (13 8)2 (3 8)2 (8 8)2 (10 8)2 (8 8)2 (6 8)2 6 (2.68 2.77) 2 ... (4.30 2.77) 2 (3.58 2.77) 2 1.26 5 29 Chapter 3 44. a. b. 11.76%, found by 58.8/5 16.89, found by 84.452/5 45. a. Range = 7.3, found by 11.6 – 4.3 Arithmetic mean = 6.94, found by 34.7/5 Variance = 6.5944, found by 32.972/5 Standard Deviation = 2.568 Dennis has a higher mean return (11.76 > 6.94). However, Dennis has greater spread in their returns on equity (16.89 > 6.59). b. 46. a. b. c. d. $18,000, found by $140,000 – $122,000 $129,600, found by $648,000/5 Variance = 40,240,000, found by 201,200,000/5 Standard Deviation = $6343.50 Means about the same, but less dispersion in salary for TMV vice presidents. 47. a. X 4 b. s = 2.3452 a. X 8 b. s = 2.3452 a. X 38 b. s = 9.0921 a. X 13.85 b. s = 2.4512 a. X 95.1 b. 11.12 48. 49. 50. 51. 52. a. X 104.1 b. s2 s2 (7 4) 2 ... (3 4) 2 5.5 5 1 s2 (11 8)2 ... (7 8)2 5.5 5 1 s2 (28 38)2 ... (42 38) 2 82.6667 10 1 s2 s2 (10.6 13.85)2 ... (15.6 13.85) 2 6.0086 8 1 (101 95.1) 2 (97 95.1) 2 10 1 (110 104.1) 2 (126 104.1) 2 10 1 (88 95.1) 2 (100 104.1) 2 123.66 120.78 10.99 1 (1.8) 2 53. About 69%, found by 1 54. About 84%, each income levels lie 2.5 standard deviations from the mean. Then 1 1 0.84 (2.5)2 55. a. b. Chapter 3 About 95% 47.5%, 2.5% 30 56. 87.23 and 96.57, found by 91.9 4.67 on 68 percent of the days; 82.56 and 101.24, found by 91.9 2(4.67) on 95 percent of the days. 57. Because the exact values in a frequency distribution are not known, the midpoint of the class is used for every member of that class. 58. Class f M fM 0 up to 5 2 2.5 5.00 5 up to 10 7 7.5 52.50 10 up to 15 12 12.5 150.00 15 up to 20 6 17.5 105.00 20 up to 25 3 22.5 67.50 Total 30 380.00 380 824 X 12.67 s 5.33 29 30 59. Class f 20 up to 30 7 30 up to 40 12 40 up to 50 21 50 up to 60 18 60 up to 70 12 Total 70 3310 X 47.2857 70 60. Age f 10 up to 20 3 20 up to 30 7 30 up to 40 18 40 up to 50 20 50 up to 60 12 Total 60 2410 X 40.17 60 61. Amount f 20 up to 30 1 30 up to 40 15 40 up to 50 22 50 up to 60 8 60 up to 70 4 Total 50 2240 X 44.8 50 f ( M x) 2 207 187 0 140 290 824 f ( M x) 2 M 175 3477 420 1811 945 110 990 1071 780 3766 3310 10,234 10,234 s 12.179 69 X 25 35 45 55 65 M 15 25 35 45 55 f ( M x) 2 X 25 35 45 55 65 f ( M x) 2 fM 45 175 630 900 660 2410 7098 s 10.97 60 1 M 25 525 990 440 260 2240 4298 s 9.37 50 1 1901 1611 481 467 2639 7098 392 1441 1 832 1632 4298 31 Chapter 3 62. 63. 64. 65. 66. Expenditure 25 up to 35 35 up to 45 45 up to 55 55 up to 65 65 up to 75 Total 3120 X 52 60 a. f 5 10 21 16 8 60 f ( M x) 2 M 150 2420 400 1440 1050 84 960 1024 560 2592 3120 7560 7560 s 11.32 60 1 X 30 40 50 60 70 b. c. Mean = 5, found by (6 + 4 + 3 + 7 + 5)/5 Median is 5, found by rearranging the values and selecting the middle value. Population because all partners were included. ( X ) (6 5) (4 5) (3 5) (7 5) (5 5) 0 a. b. Mean = 21.71, Median = 22.00 (23 21.7) (19 21.7) ... (22 21.7) 0 545 34.06 16 2116 X 70.5333 30 X Median = 37.50 67. The Communications industry has older workers than the Retail Trade. Production workers have the most age difference. 68. a. b. c. 69. Xw $5.00(270) $6.50(300) $8.00(100) $6.12 270 300 100 70. Xw 3(4) 3(4) 5(3) 2(3) 1(4) 3.50 3 3 5 2 1 71. Xw [15,300(4.5) 10, 400(3.0) 150,600(10.2)] 9.28 176,300 72. a. b. c. 73. GM = Chapter 3 4.84, found by 121/25 Median = 4.0 On half the days she made at least 4 appointments. The arithmetic mean number of appointments per day is 4.84. $3.438 found by 51.57/15 $3.44 $3.49 21 6, 286,800 1 1.0094, so about 0.94% 5,164,900 32 74. GM = 10 33,598 1 1.0300 1 0.03 or 3.0 percent 25,000 GM = 10 44,771 1 1.0599995 1 0.06 or 6.0 percent 25,000 75. a. b. c. 55, found by 72 – 17 14.4, found by 144/10 where X = 43.2 17.6245 76. a. b. c. 9, found by 12 – 3 2.72, found by 13.6/5 where mean = 7.6 3.5071 77. a. b. population 183.47 78. f×M M– (M-)^2 f(M-)^2 42 -10.96 120.122 1681.70 378 -4.96 24.602 1033.27 870 1.04 1.082 62.73 588 7.04 49.562 1387.72 216 13.04 170.042 1360.33 2094 5525.8 The mean is 13.96, found by 2094/150. The standard deviation is 6.07, found by the square root of 5525.8/150. f 14 42 58 28 8 79. a. b. c. M 3 9 15 21 27 The times are a population because all flights are included. The mean is 173.77, found by 2259/13. The median is 195. The range is 294, found by 301 – 7. X 9 195 241 301 216 260 7 244 192 147 10 295 142 X– –164.769 21.231 67.231 127.231 42.231 86.231 –166.769 70.231 18.231 –26.769 –163.769 121.231 –31.769 (X – )^2 27148.9 450.7 4520.0 16187.7 1783.4 7435.7 27812.0 4932.4 332.4 716.6 26820.4 14696.9 1009.3 133846 The standard deviation is 101.47, found by the square root of 133846/13. 33 Chapter 3 80. a. b. c. The times are a population because all tables for that night are included. The mean is 40.84, found by 1021/25. The median is 39. The range is 44, found by 67 – 23. The standard deviation is 14.55, found by the square root of 5291.4/25. 81. a. b. The mean is 9.1, found by 273/30. The median is 9. The range is 14, found by 18 – 4. The standard deviation is 3.566, found by the square root of 368.7/29. There are 30 customers. So 5 classes are appropriate. (18-4)/5 = 2.8 and an interval of 3 is used. c. Class 3.5 up to 6.5 6.5 up to 9.5 9.5up to 12.5 12.5 up to 15.5 15.5 up to 18.5 d. Class 80 up to 100 100 up to 120 120 up to 140 140 up to 160 160 up to 180 180 up to 200 83. f 10 6 9 4 1 f(M) 50 48 99 56 17 270 The mean is $141.20, found by 7060/50. The standard deviation is $26.24, found by the square root of 33728/49. The empirical rule says that 95 percent of the costs are between $88.72 and 193.68, found by 141.20 2(26.24). 1807.5 5.118 69 84. Answers will vary. 85. Answers will vary. 86. Answers will vary. Chapter 3 f(M – )^2 160 6 36 100 64 366 M f f(M) M – (M – )^2 f(M – )^2 90 3 270 –51.2 2621.44 7864.3 110 8 880 –31.2 973.44 7787.5 130 12 1560 –11.2 125.44 1505.3 150 16 2400 8.8 77.44 1239.0 170 7 1190 28.8 829.44 5806.1 190 4 760 48.8 2381.44 9525.8 7060 33728 Mean is 13, found by 910/70 s M – (M – )^2 -4 16 -1 1 2 4 5 25 8 64 Now the mean appears to be 9, found by 270/30. The standard deviation is 3.552, found by the square root of 366/29. We are not surprised at the slight difference because the midpoints may be different from the actual values in a class. 82. a. b. c. M 5 8 11 14 17 34 87. a. 1. A software package gave the output: Descriptive Statistics: Price Variable Price Variable Price N 105 Mean 221.10 Minimum 125.00 Median 213.60 Maximum 345.30 TrMean 220.00 Q1 186.85 StDev 47.11 SE Mean 4.60 Q3 251.85 2. The distribution is symmetric about $220,000 with most of the prices less than $30,000 away from the center. b. 1. A software package gave the output: Descriptive Statistics: Size Variable N Mean Median TrMean StDev Size 2218.9 248.7 Variable Size 105 2223.8 Minimum 1600.0 2200.0 Maximum 2900.0 Q1 2100.0 SE Mean 24.3 Q3 2400.0 2. The distribution is symmetric about 2200 square feet with most of the sizes less than 200 square feet away from the center. 88. a. b. c. 89. a. b. The mean is $73,063,563. The median is $66,191,417. The standard deviation is $34,233,970. In 2006, the mean age is 25.20. The median age is 14.50. The standard deviation is 25.94. The mean is 45,913. The median is 44,174. The standard deviation is 5894. 1. 2. The mean is 73.81; median = 76.10 and the standard deviation is 6.90 The distribution is quite negatively skewed with the coefficient of skewness equal to 2.10027. Select the variable GDP/cap 1. The mean is 16.58; median = 17.45 and the standard deviation = 9.27. 2. The distribution is fairly symmetric with the coefficient of skewness equal to 0.0567462. 35 Chapter 3