Question

In: Statistics and Probability

Create a small dataset of at least 5 observations and calculate the mean, median, mode, range,...

Create a small dataset of at least 5 observations and calculate the mean, median, mode, range, IQR and standard deviation (use Excel or StatCrunch). Add an outlier to your data and recalculate these measures. Which changed and by how much? Explain how this illustrates the idea of resistant measures. Please provide the data that you made up and the measures for your data before and after you added an outlier. Organizing the data into a table would be a great way to display all of this

Solutions

Expert Solution

Solution:

Let five numbers given as below:

X

5

8

12

14

16

The required descriptive statistics by using excel are given as below:

X

Mean

11

Median

12

Mode

#N/A

Standard Deviation

4.47

Range

11

Minimum

5

Maximum

16

Sum

55

Count

5

First Quartile

6.5

Third Quartile

15

IQR

8.5

Now, we have to add one outlier in this data. Suppose we add an outlier as 49 in this data. So data becomes as below:

X

5

8

12

14

16

49

Now, we have to find the above descriptive statistics for this data including outlier. The required descriptive statistics are given as below:

X

Mean

17.33

Median

13

Mode

#N/A

Standard Deviation

16.02

Range

44

Minimum

5

Maximum

49

Sum

104

Count

6

First Quartile

8

Third Quartile

16

IQR

8

Now, we have to compare the values of descriptive statistics. The comparisons for these descriptive statistics are given as below:

Statistics

Original Data

Data with outlier

Comparison

Mean

11

17.33

There is a large difference.

Median

12

13

There is a small difference.

Mode

#N/A

#N/A

#N/A

Standard Deviation

4.47

16.02

There is a large difference.

Range

11

44

There is a large difference.

Minimum

5

5

There is no difference.

Maximum

16

49

There is a large difference.

Sum

55

104

There is a large difference.

First Quartile

6.5

8

There is a small difference.

Third Quartile

15

16

There is a small difference.

IQR

8.5

8

There is a small difference.

So, it is observed that the first quartile, median or second quartile, third quartile, and IQR (Interquartile range) is more effective if data contains an outlier.


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