Question

In: Statistics and Probability

Following are the global sales of the top 40 rap concerts of the 1990’s. Please make...

Following are the global sales of the top 40 rap concerts of the 1990’s. Please make a Stem and Leaf Plot of the data. Then, evaluate the data and without making any explicit calculations, determine which is greater – the median of the distribution or the mean?

Rap Concerts in Millions:

2797

2789

2187

2068

2048

1670

1656

1518

1515

1402

1346

1341

1332

1308

1274

1263

1242

1236

1214

1159

1153

1148

1131

1128

1123

1120

1108

1104

1081

1073

1066

1066

1056

1055

1050

1045

1034

1030

1028

1027

Solutions

Expert Solution

The Stem - Leaf plot is given below -

Stem

Leaf

102

7, 8

103

0, 4

104

5

105

0, 5, 6

106

6, 6

107

3

108

1

110

4, 8

112

0, 3, 8

113

1

114

8

115

3, 9

121

4

123

6

124

2

126

3

127

4

130

8

133

2

134

1, 6

140

2

151

5, 8

165

6

167

0

204

8

206

8

218

7

278

9

279

7

Looking at the plot one can say that,

The Mean of the distribution > The Median of the distribution

because in the first 15 - 20 data values there is relatively smaller dispersion, that is, the data values were all lying in a relatively small range, but in the next half there is a larger dispersion of the values, this set of data values were all lying in a pretty large rage, at least a range bigger than the earlier one.

Since, Median depends more on the position of the data point more than the value of the data point, hence it would be smaller than the mean, which depends on the value of the data point


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