Question

In: Statistics and Probability

The coin size data (measured in millimeters) collected from each group is shown below. Low Income...

The coin size data (measured in millimeters) collected from each group is shown below.

Low Income High Income
25 22
20 24
17 19
20 22
26 24
27 20
24 22
20 15
21 16
21 9
24 20
21 22
25 23
20 17
24 19
24
21
24
21
21



You can copy the data into Excel by highlighting the data, right-clicking and selecting Copy, then opening Excel, clicking on a blank cell, and selecting Paste from the Edit menu.

Give your answers to at least 3 decimal places accuracy. Keep the data in Excel, as you will need this information again in later questions.

2. Compute the following summary statistics

a) The mean for the low income group is:

b) The median for the low income group is:

c) The standard deviation for the low income group is:

d) The mean for the high income group is:

e) The median for the high income group is:

f) The standard deviation for the high income group is:

pls very urgent

Solutions

Expert Solution

Ans. Note :- For calculating Median, we arrage Low income group and High Income group in ascending order.

Obs. Low Income(x) x2 Obs. High Income (y) y2
1 17 289 1 9 81
2 20 400 2 15 225
3 20 400 3 16 256
4 20 400 4 17 289
5 20 400 5 19 361
6 21 441 6 19 361
7 21 441 7 20 400
8 21 441 8 20 400
9 21 441 9 22 484
10 21 441 10 22 484
11 21 441 11 22 484
12 24 576 12 22 484
13 24 576 13 23 529
14 24 576 14 24 576
15 24 576 15 24 576
16 24 576 SUM = 294 5990
17 25 625
18 25 625
19 26 676
20 27 729
SUM = 446 10070


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