It was discovered that the youngest person to retire was 48 years instead of 53 years. The numerical summaries where recalculated. Which of the following would be true? The value of the median decreases, however the value of the mean stays the same. The value of the median and the mean both decrease. The value of the median stays the same, however the value of the mean decreases. The value of the median stays the same, however the value of the mean increase. The value of the median and the mean both increase. The value of the median increases, however the value of the mean stays the same.

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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Read the following prompt and complete 3.a and 3.b

3.b
It was discovered that the youngest person to retire was 48 years instead of 53 years. The numerical summaries where recalculated. Which of the
following would be true?
The value of the median decreases, however the value of the mean stays the same.
The value of the median and the mean both decrease.
The value of the median stays the same, however the value of the mean decreases.
The value of the median stays the same, however the value of the mean increase.
The value of the median and the mean both increase.
The value of the median increases, however the value of the mean stays the same.
Transcribed Image Text:3.b It was discovered that the youngest person to retire was 48 years instead of 53 years. The numerical summaries where recalculated. Which of the following would be true? The value of the median decreases, however the value of the mean stays the same. The value of the median and the mean both decrease. The value of the median stays the same, however the value of the mean decreases. The value of the median stays the same, however the value of the mean increase. The value of the median and the mean both increase. The value of the median increases, however the value of the mean stays the same.
Question 3 Background :
The ideal retirement age.
The median retirement age in the US is 66 years. The retirement age ranges from 53 to 75 years. The shape of the distribution for retirement age is
skewed to the left, with few Americans retiring early.
Question 3 Subquestions
3.a
Based on the information provided above, which of the following is most reasonable for the average retirement age of Americans?
73 years
69 years
67 years
63 years
Transcribed Image Text:Question 3 Background : The ideal retirement age. The median retirement age in the US is 66 years. The retirement age ranges from 53 to 75 years. The shape of the distribution for retirement age is skewed to the left, with few Americans retiring early. Question 3 Subquestions 3.a Based on the information provided above, which of the following is most reasonable for the average retirement age of Americans? 73 years 69 years 67 years 63 years
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