Question

A courier company is reviewing their delivery times. The following descriptive statistics relates to this courier company. The mean time for package delivery is 5 hours, the first quartile is 4 hours, the third quartile is 17 hours. This means that the median must lie between 4 hours and 17 hours.

Select one:

True

False

Answer 1

Given,

The mean time for package delivery = 5 hours

The first quartile = 4 hours

The third quartile = 17 hours

We know that,

Median is the middle most value of a set of observation that are arrange is ascending or descending order. The second quartile is considered as the median which lies between first and third quartiles(here 4 and 17 respectively) This means that the median must lie between 4 hours and 17 hours. Mean should lie near the median as both mean and median are the measures of central tendencies.

Answer:

True