Annual sales, in millions of dollars, for 21 pharmaceutical companies follow. 8,324 1,360 1,853 8,790 2,434...

Annual sales, in millions of dollars, for 21 pharmaceutical companies follow. 8,324 1,360 1,853 8,790 2,434 11,299 602 14,138 6,387 1,832 2,790 1,342 10,393 7,403 3,979 4,298 732 2,106 3,616 5,736 8,222

a. Provide a five-number summary. If needed, round your answer to a whole number

b. Compute the lower and upper limits. Enter negative amounts with a minus sign

Expert Solution

orchestra answered 1 year ago

Annual sales, in millions of dollars, for 21 pharmaceutical companies follow. 8408 1374 1872 8879 2459...

Annual sales, in millions of dollars, for 21 pharmaceutical companies follow. 8408 1374 1872 8879 2459 11413 608 14138 6452 1850 2818 1356 10498 7478 4019 4341 739 2127 3653 5794 8305 A) Compute the mean of the annual sales. B) Compute the standard deviation of the annual sales. C) Compute the corresponding z-score of annual sales of $14138 million dollars. According to z-score method is it considered an outlier? D) Provide a five-number summary. E) What is the location...

Annual sales, in millions of dollars, for 21 pharmaceutical companies follow. 8,576 1,401 1,910 9,057 2,508...

Annual sales, in millions of dollars, for 21 pharmaceutical companies follow. 8,576 1,401 1,910 9,057 2,508 11,641 621 14,138 6,581 1,887 2,874 1,383 10,708 7,628 4,100 4,428 754 2,170 3,726 5,910 8,472 compute the lower and upper limits (to 2 decimals). If required enter negative value as negative number. Lower limit____ Upper limit____ Does the data contain any outliers?

Annual sales, in millions of dollars, for 21 pharmaceutical companies follow. 8,072 1,319 1,798 8,524 2,361...

Annual sales, in millions of dollars, for 21 pharmaceutical companies follow. 8,072 1,319 1,798 8,524 2,361 10,956 585 14,138 6,194 1,776 2,705 1,302 10,078 7,179 3,859 4,167 709 2,042 3,507 5,562 7,974 Provide a five-number summary. Smallest value First quartile Median Third quartile Largest value Compute the lower and upper limits. Lower limit Upper limit Do the data contain any outliers? Johnson & Johnson's sales are the largest on the list at $14,138 million. Suppose a data entry error (a...

Companies spend millions, if not billions of dollars on marketing every year. Pick a company that...

Companies spend millions, if not billions of dollars on marketing every year. Pick a company that does significant marketing and is a public company. You will need to look up the company’s annual report to find the total amount spent on marketing for the last calendar year (20XX). Once you find the information from the company’s website and annual report, explain the number and what the company reported spending the money on. Do some mathematical comparisons, total revenue as compared...

The values of Alabama building contracts (in millions of dollars) for a 12-month period follow: 240...

The values of Alabama building contracts (in millions of dollars) for a 12-month period follow: 240 350 230 260 280 320 220 310 240 310 240 230 a. Construct a time series plot. What type of pattern exists in the data? b. Compare a three-month moving average forecast with an exponential smoothing forecast. Use alpha =0.2 Which provides the better forecasts based on MSE? c. What is the forecast for the next month?

The budget (in millions of dollars) and worldwide gross (in millions of dollars) for eight movies...

The budget (in millions of dollars) and worldwide gross (in millions of dollars) for eight movies are shown below. Complete parts (a) through (c). Budget, x Gross, y 206 253 205 302 200 423 199 688 182 688 175 1035 173 1878 168 1225 (a) Display the data in a scatter plot (b) Calculate the correlation coefficient r. (c) Make a conclusion about the type of correlation.

Pharmaceutical companies spend billions of dollars per year on research and development of new drugs. The...

Pharmaceutical companies spend billions of dollars per year on research and development of new drugs. The pharmaceutical company must subject each new drug to lengthy and involved testing before receiving the necessary permission from the Food and Drug Administration (FDA) to market the drug. The FDA's policy is that the pharmaceutical company must provide substantial evidence that a new drug is safe prior to receiving FDA approval, so that the FDA can confidently certify the safety of the drug to...

How come despite spending billions of dollars pharmaceutical companies are not able to find 'the magic...

How come despite spending billions of dollars pharmaceutical companies are not able to find 'the magic bullet' to cure mental disorders? (Note: your response must focus only on the biological/anatomical/physiological aspects. Any response that is based on social/economic factors will not be accepted. In the past some students focused on expressing views on how evil the pharmaceutical companies are and they deliberately refuse to find the magic bullet because it is not in their economic interest. Those students received score...

Pharmaceutical companies spend billions of dollars every year on the research and development of new drugs....

Pharmaceutical companies spend billions of dollars every year on the research and development of new drugs. Suppose a pharmaceutical company estimates that if they invest $1 billion on the development of a new drug, they can expect to earn $500 million in accounting profit as a result (their stream of future revenue would be $500 million higher than all of their explicit costs, including the R&D costs). Just based on this information (that this company can expect to earn $500...

Listed below are the top 10 annual salaries (in millions of dollars) of TV personalities.

Listed below are the top 10 annual salaries (in millions of dollars) of TV personalities. Find the range, variance, and standard deviation for the sample data. Given that these are the top 10 salaries, do we know anything about the variation of salaries of TV personalities in general? 39 37 35 28 20 19 17 16 15.5 14.9The range of the sample data is $ million. (Type an integer or a decimal.)The variance of the sample data is (Round to...

Question