Question

In: Statistics and Probability

The following is a small data set of 25 observations. I want you to calculate some...

The following is a small data set of 25 observations. I want you to calculate some statistics by hand to cement the class material. You can use the regular formula for the variance or the computational formula - I’m just interested in the correct result. If you use the computational formula, you will want to calculate a separate row of each value squared in order to calculate the Sum(x^2). Excel can be used to solve this problem.

VarX

44

34

49

58

17

44

34

49

45

20

26

40

35

37

57

45

70

35

37

42

44

45

27

46

63

  1. Create a Stem and Leaf Plot of the data (it is easy to do in Word by making a two column table and entering the numbers in there, bolding the stems)

b. Calculate the following (show your work):

  • Mean
    • Median
    • Mode
    • Range
    • Variance
    • Std. Deviation
    • Coefficient of Variation

c. Calculate a z-score for a data value of 46. Describe this in words.

Solutions

Expert Solution

Ans. Data is in ascending order:-

Obs. x x2
1 17 289
2 20 400
3 26 676
4 27 729
5 34 1156
6 34 1156
7 35 1225
8 35 1225
9 37 1369
10 37 1369
11 40 1600
12 42 1764
13 44 1936
14 44 1936
15 44 1936
16 45 2025
17 45 2025
18 45 2025
19 46 2116
20 49 2401
21 49 2401
22 57 3249
23 58 3364
24 63 3969
25 70 4900
SUM = 1043 47241

  • The value 46 is 0.34 standard deviation above the mean.

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