Compute the mean, median and mode

Assignment Help Finance Basics

Reference no: EM1351787

A manager has selected a random sample of his league customers. he asked them to record the number of games they bowl during the month of December, including both league and open bowling. The reason for this interest in this data is that he is planning on offering a special discount to customers who bowl over a specified number of games each month. the sample of eight people produced the following data:

13 32 12 9 16 17 16 12

a. compute the mean for these sample data

b. compute the median for these sample data

c. compute the mode for these sample data

d. calculate the variance and standard deviations for these sample data

e. note that one person in the sample bowled 32 games. what effect if any does this large value have on each of the three measures of location? Discuss

f. For these sample data, which measure of location provides the best measure of the center of the data? Discuss.

g. given this sample data, suppose the manager wishes to give discounts to bowlers in the top quartile. what should the minimum number of games bowled be in order to receive a discount?

Reference no: EM1351787

Questions Cloud

Implement ref integ result in data duplication : Would failure to implement Ref Integ result in data duplication, incorrect data sets, or broken table errors or is there a work around.

Analyze the variable involved for machine operator : Calculate employee turnover - analyze the variable involved for machine operator

Explain how does a decrease in foreign price levels affect : Explain how does a decrease in foreign price levels affect domestic aggregate expenditures and demand. How is the aggregate supply curve different from the supply curve for a single good, like pizza.

Customer relations issue for faulty air conditioners : What problems do you see concerning tone from both sides and how could you express the viewpoints of the two parties in more constructive terms?

Compute the mean, median and mode : A manager has selected a random sample of his league consumers. he asked them to record the number of games they bowl during the month December, including both league and open bowling.

What is the induced potential difference in the wire loop : A long, straight wire runs along the y-axis. The wire carries a current in the positive y-direction that is changing as a function of time according to i = 8 A + (0.2 A/s)t. A loop of wire is placed in the xy-plane near the y-axis. The loop has di..

How companies alienate and turn away customers : How companies alienate and turn away customers - Explain three examples of things that companies do to alienate and turn away their customers.

Find the lump sum amount today equal to present value : How much money is required to invest today to have a lump sum of $100,000 in 40 years if the interest rate is 12.5% compounded yearly?

What is the increase in temperature of the brakes : A train engineer blows a whistle that has a frequecy of 4.0 X 10^2 hz as the train approaches a station. if the speed of the train id 25 m/s, what frequency will be heard by a person at station.

User Account

All Pages