Math

StatisticsQ&A LibraryThe cost of consumer purchases such as single-family housing, gasoline, Internet services, tax preparation, and hospitalization were provided in The Wall-Street Journal (January 2, 2007). Sample data typical of the cost of tax-return preparation by services such as H&R Block are shown below.120 230 110 115 160130 150 105 195 155105 360 120 120 140100 115 180 235 255Compute mean, median and mode. What is the 39th percentile? What is standard deviation.What is five number summary ?Question

Asked Oct 3, 2019

7 views

The cost of consumer purchases such as single-family housing, gasoline, Internet services, tax preparation, and hospitalization were provided in *The Wall-Street Journal *(January 2, 2007). Sample data typical of the cost of tax-return preparation by services such as H&R Block are shown below.

120 230 110 115 160

130 150 105 195 155

105 360 120 120 140

100 115 180 235 255

Compute mean, median and mode. What is the 39^{th} percentile? What is standard deviation.

What is five number summary ?

Step 1

The descriptive statistics are calculated in EXCEL. The procedure is as follows.

- Enter the data in column A.
- Go to Data > data analysis > descriptive statistics.
- Enter the range of the data.
- Click on Summary Statistics.
- Click OK.

Step 2

Output for the data is given below.

Step 3

From the above output,

**Mean = 160**

**Median = 135**

**Mode = 120**

**Standard Deviation = 66.3325**

The value of 1st quartil...

Tagged in

Find answers to questions asked by student like you

Show more Q&A

Q: Among 21- to 25-year-olds, 29% say they have driven while under theinfluence of alcohol. Suppose tha...

A: According to the provided information, 29% of the 21-25 years old individuals drive under the influe...

Q: Hello, Let me start by mentioning that my question is not about the t-test, but rather CIs for the m...

A: The 95% of confidence interval for the mean tell us the range of values that 95% certain contains th...

Q: 7. (Sec. 3.6) Consider sending packets of data through the internet, and we have a counter that dete...

A: As per the question, X follows poisson distribution with mean 0.23Probability density function of po...

Q: When I am taking a Simple Random Sample, what do I do if say I take 23 samples from a range of 93 an...

A: The random number table is used to obtain the sample random sample which provides each member of the...

Q: The following table presents monthly interest rates, in percent, for 30 year and- 15 year fixed-rate...

A: Scatterplot of the 15-year rate (y) versus the 30-year rate (x).Software Procedure:Step-by-step soft...

Q: Sociologists say that 85% of married women claim that their husband's mother is the biggest bone of ...

A: Introduction:If X ~ Bin (n, p), then the probability mass function of X is:p (x) = (nCx) px (1 – p)n...

Q: 1) Meal cost in Hong Kong. The mean cost of a meal for two in a mid-range restaurant in Tokyo is $40...

A: 1.1. Obtain the margin of error: It is given that population mean is $40, sample standard deviation ...

Q: A colony of laboratory rats contain 16 white rats and 9 spotted rats.What is the probability of rand...

A: Introduction:Probability of an event is the number of outcomes favorable to the event, divided by th...

Q: Winning the jackpot in a particular lottery requires that you select the correct four numbers betwee...

A: Combination: The number of different selections of ‘r’ elements from a set of ‘n’ elements is denote...