STATISTICS F/BUSINESS+ECONOMICS-TEXT
13th Edition
ISBN: 9781305881884
Author: Anderson
Publisher: CENGAGE L
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Textbook Question
Chapter 3.4, Problem 51E
Annual sales, in millions of dollars, for 21 pharmaceutical companies follow.
- a. Provide a five-number summary.
- b. Compute the lower and upper limits.
- c. Do the data contain any outliers?
- d. Johnson & Johnson’s sales are the largest on the list at $14,138 million. Suppose a data entry error (a transposition) had been made and the sales had been entered as $41,138 million. Would the method of detecting outliers in part (c) identify this problem and allow for correction of the data entry error?
- e. Show a box plot.
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Chapter 3 Solutions
STATISTICS F/BUSINESS+ECONOMICS-TEXT
Ch. 3.1 - Consider a sample with data values of 10, 20, 12,...Ch. 3.1 - Consider a sample with data values of 10, 20, 21,...Ch. 3.1 - Consider the following data and corresponding...Ch. 3.1 - Consider the following data. Period Rate of Return...Ch. 3.1 - Consider a sample with data values of 27, 25, 20,...Ch. 3.1 - Consider a sample with data values of 53, 55, 70,...Ch. 3.1 - The average number of minutes Americans commute to...Ch. 3.1 - The Wall Street Journal reported that the median...Ch. 3.1 - Which companies spend the most money on...Ch. 3.1 - Over a nine-month period, OutdoorGearLab tested...
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