Question

In: Statistics and Probability

For complete credit show all of your calculations, list your assumptions and formulas, draw relevant tables...

For complete credit show all of your calculations, list your assumptions and formulas, draw relevant tables and plots all on handwritten pages in your notebook.

If there are repetitious calculations you only need to show an illustrative calculation.

price lotsize
490000 2503
512000 2483
345000 2500
508670 2900
550000 2513
300000 2513
995000 4950
920000 3135
470000 2375
450000 2375

1.What kind of data is this?

2.For one of the series, and for 3 equally spaced non-overlapping intervals what in the interval size, the beginning, end and midpoint of each interval, the frequency, relative frequency, and cumulative relative frequency of each interval? Sketch the histogram and ogive.

3.What is the maximum, minimum, first quartile, median, third quartile, IQR, range, arithmetic mean, and standard deviation of the ungrouped data?

4.Sketch a boxplot with Tukey's fences. Are there any outliers?.

Solutions

Expert Solution

4)


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