Question

In: Statistics and Probability

32. Gas Prices for Rental Cars The first column of these data represents the prebuy gas...

32. Gas Prices for Rental Cars The first column of these data represents the prebuy gas price of a rental car, and the second column represents the price charged if the car is returned without refilling the gas tank for a selected car rental company. Draw two boxplots for the data and compare the distributions. (Note: The data were collected several years ago.)

Prebuy cost                     No prebuy cost

$1.55                                $3.80

1.54                                  3.99

1.62                                  3.99

1.65                                  3.85

1.72                                  3.99

1.63                                  3.95

1.65                                  3.94

1.72                                  4.19

1.45                                  3.84

1.52                                  3.94

Solutions

Expert Solution

Solution-:

Let, x=Prebuy cost and y= No prebuy cost

By using R-Software:

> x=c(1.55,1.54,1.62,1.65,1.72,1.63,1.65,1.72,1.45,1.52);x
[1] 1.55 1.54 1.62 1.65 1.72 1.63 1.65 1.72 1.45 1.52
> boxplot(x,main="Prebuy cost")
> f1=fivenum(x);f1
[1] 1.450 1.540 1.625 1.650 1.720
> text(rep(1.3,5),f1,labels=c("Min=1.450","Q1=1.540","Med=1.625","Q3=1.650","Max=1.720"))

> Q1=1.540;Q2=1.625;Q3=1.650
> a1=Q3-Q2;a1
[1] 0.025
> a2=Q2-Q1;a2
[1] 0.085
> # Here, a1=Q3-Q2=0.025 < a2=Q2-Q1=0.085, hence distribution is negatively skewed.

R-Code:

x=c(1.55,1.54,1.62,1.65,1.72,1.63,1.65,1.72,1.45,1.52);x
boxplot(x,main="Prebuy cost")
f1=fivenum(x);f1
text(rep(1.3,5),f1,labels=c("Min=1.450","Q1=1.540","Med=1.625","Q3=1.650","Max=1.720"))
Q1=1.540;Q2=1.625;Q3=1.650
a1=Q3-Q2;a1
a2=Q2-Q1;a2
# Here, a1=Q3-Q2=0.025 < a2=Q2-Q1=0.085, hence distribution is negatively skewed.

> y=c(3.80,3.99,3.99,3.85,3.99,3.95,3.94,4.19,3.84,3.94);y
[1] 3.80 3.99 3.99 3.85 3.99 3.95 3.94 4.19 3.84 3.94
> boxplot(y,main="No prebuy cost")
> f2=fivenum(y);f2
[1] 3.800 3.850 3.945 3.990 4.190
> text(rep(1.3,5),f2,labels=c("Min=3.800","Q1=3.850","Med=3.945","Q3=3.990","Max=4.190"))

> Q1=3.850;Q2=3.945;Q3=3.990
> b1=Q3-Q2;b1
[1] 0.045
> b2=Q2-Q1;b2
[1] 0.095
> # Here, b1=Q3-Q2=0.045 <b2=Q2-Q1=0.095, hence distribution is negatively skewed.

R-Code:
boxplot(y,main="No prebuy cost")
f2=fivenum(y);f2
text(rep(1.3,5),f2,labels=c("Min=3.800","Q1=3.850","Med=3.945","Q3=3.990","Max=4.190"))
Q1=3.850;Q2=3.945;Q3=3.990
b1=Q3-Q2;b1
b2=Q2-Q1;b2
# Here, b1=Q3-Q2=0.045 <b2=Q2-Q1=0.095, hence distribution is negatively skewed.

From these two boxplot we seen that both data are said negatively skewed distribution.


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