COMMERCE 2QA3 Study Guide - Quiz Guide: Pearson Education, Summary Statistics, Unimodality
16 Dec 2014
School
Department
Course
Professor
Document Summary
Short answer - quiz a: below is a histogram of salaries (in $) for a sample of marketing managers. Answer: the distribution is unimodal and skewed to the right. Copyright 2014 pearson canada inc: below is the five-number summary of salaries (in $) for a sample of marketing managers. Answer: we would expect the mean salary to be higher than the median because the distribution is skewed to the right, the median is preferred over the mean when the distribution is skewed, ,060, ,057. : 2 and 3: below is the five-number summary of salaries (in $) for a sample of marketing managers. Suppose the marketing manager who was earning ,420 got a raise and is now earning. Answer: a: stay the same c, stay the same e. Copyright 2014 pearson canada inc: the table below shows data on total assets ($ million) for a sample of a bank"s branches. The shape of the distribution is skewed to the left.
