The following data set indicates the number of leather bags sold per week by a local company over a random sample of eleven weeks. 45 50 52 54 55 56 58 58 61 66 68 88 Q.3.1 Calculate the following, using the appropriate formulae and/or methods: Q.3.1.1 The mean. Interpret your answer. Q.3.1.2 The mode. Interpret your answer. Q.3.1.3 The median. Interpret your answer. Q.3.1.4 The first quartile. Interpret your answer. Q.3.1.5 The 80th percentile. Interpret your answer. Q.3.1.6 The standard deviation. [NOTE: The relevant formula must be used. No marks will be awarded if the answer is simply obtained directly from a calculator] Q.3.1.7 What is the coefficient of variation for this data set? Q.3.1.8 Determine the value for the coefficient of skewness using the approximation formula. Interpret your answer. The Independent Institute of Education (Pty) Ltd 2024 23; 24 Q.3.2 A sample of consumers were asked which brand of energy drink they prefer. The results regarding the popularity of the drinks are given in the following table. Brand of Energy Drink Monster Red Bull Switch TOTAL Number of Consumers 20 20 10 50 Draw a bar chart to graphically illustrate the results given in the table. Pag
The following data set indicates the number of leather bags sold per week by a local company over a random sample of eleven weeks. 45 50 52 54 55 56 58 58 61 66 68 88 Q.3.1 Calculate the following, using the appropriate formulae and/or methods: Q.3.1.1 The mean. Interpret your answer. Q.3.1.2 The mode. Interpret your answer. Q.3.1.3 The median. Interpret your answer. Q.3.1.4 The first quartile. Interpret your answer. Q.3.1.5 The 80th percentile. Interpret your answer. Q.3.1.6 The standard deviation. [NOTE: The relevant formula must be used. No marks will be awarded if the answer is simply obtained directly from a calculator] Q.3.1.7 What is the coefficient of variation for this data set? Q.3.1.8 Determine the value for the coefficient of skewness using the approximation formula. Interpret your answer. The Independent Institute of Education (Pty) Ltd 2024 23; 24 Q.3.2 A sample of consumers were asked which brand of energy drink they prefer. The results regarding the popularity of the drinks are given in the following table. Brand of Energy Drink Monster Red Bull Switch TOTAL Number of Consumers 20 20 10 50 Draw a bar chart to graphically illustrate the results given in the table. Pag
Chapter17: Aquaculture Business
Section: Chapter Questions
Problem 3KA
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Question
Please help
![The following data set indicates the number of leather bags sold per week by a local company
over a random sample of eleven weeks.
45
50
52
54
55
56
58
58
61
66
68
88
Q.3.1 Calculate the following, using the appropriate formulae and/or methods:
Q.3.1.1 The mean. Interpret your answer.
Q.3.1.2 The mode. Interpret your answer.
Q.3.1.3 The median. Interpret your answer.
Q.3.1.4 The first quartile. Interpret your answer.
Q.3.1.5 The 80th percentile. Interpret your answer.
Q.3.1.6 The standard deviation.
[NOTE: The relevant formula must be used. No marks will be awarded if
the answer is simply obtained directly from a calculator]
Q.3.1.7 What is the coefficient of variation for this data set?
Q.3.1.8 Determine the value for the coefficient of skewness using the
approximation formula. Interpret your answer.
The Independent Institute of Education (Pty) Ltd 2024
23; 24
Q.3.2
A sample of consumers were asked which brand of energy drink they prefer. The
results regarding the popularity of the drinks are given in the following table.
Brand of Energy Drink
Monster
Red Bull
Switch
TOTAL
Number of Consumers
20
20
10
50
Draw a bar chart to graphically illustrate the results given in the table.
Pag](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa8a2bd64-145b-4b3c-a576-ea807cc37abf%2Fdf47cd2a-034a-43d1-a9df-6557ca053d73%2Fq57eoj8_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The following data set indicates the number of leather bags sold per week by a local company
over a random sample of eleven weeks.
45
50
52
54
55
56
58
58
61
66
68
88
Q.3.1 Calculate the following, using the appropriate formulae and/or methods:
Q.3.1.1 The mean. Interpret your answer.
Q.3.1.2 The mode. Interpret your answer.
Q.3.1.3 The median. Interpret your answer.
Q.3.1.4 The first quartile. Interpret your answer.
Q.3.1.5 The 80th percentile. Interpret your answer.
Q.3.1.6 The standard deviation.
[NOTE: The relevant formula must be used. No marks will be awarded if
the answer is simply obtained directly from a calculator]
Q.3.1.7 What is the coefficient of variation for this data set?
Q.3.1.8 Determine the value for the coefficient of skewness using the
approximation formula. Interpret your answer.
The Independent Institute of Education (Pty) Ltd 2024
23; 24
Q.3.2
A sample of consumers were asked which brand of energy drink they prefer. The
results regarding the popularity of the drinks are given in the following table.
Brand of Energy Drink
Monster
Red Bull
Switch
TOTAL
Number of Consumers
20
20
10
50
Draw a bar chart to graphically illustrate the results given in the table.
Pag
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