User Account

All Pages

Determine the cofficient of skewness using pearsons method

Assignment Help Basic Statistics
Reference no: EM132231131

Question 1: Listed below are the comissions earned ($ 000)last year by a sample of of 15 sales reprensentatives at Furniture Patch inc

Commissions
4.4
6.2
8.2
11.5
12.7
13.6
14.3
15.7
17.3
17.4
18.4
22.3
35.7
43.2
78.1

Determine

A. Mean
Median
Standard Deviation

B. Determine the cofficient of Skewness using pearson's method

C. Determine the coefficient of skewners using the Software method. (Round your answer 3 decimal places)

Question 2: The Thomas Supply Company, Inc. is a distributor of gas-powered generators. As with any business, the length of time customers take to pay their invoices is important. Listed below, arranged from smallest to largest, is the time, in days, for a sample of The Thomas Supply Company, Inc. invoices

13,13,13,20,26,26,27,31,34,34,35,35,36,37,38,41,41,41,42,43,44,47,48,49,51,55,56,62,67,82

A. Determine the
First quartiles
Third quartiles

B.Determine the
Second decile
eight decile

C. Determine the 67 percentile

Verified Expert

Mean and Median of commissions earned are $21.267 and $15.00 respectively with Standard deviation of $18.164 showing Mean is not much reliable for measuring central tendency for statistical analysis.Skewness coefficient as per calculation is 1.0350, whereas as per software Skewness is 2.282 that reflects huge difference between these two.The Thomas Supply Company, Inc. has First Quartile of 29 days and Third Quartile of 47.50 days.

Reference no: EM132231131

Questions Cloud

What were some of thatcher strengths as a leader : What obstacles did thatcher have to overcome to be a leader? What were some of Thatcher's strengths as a leader?
Review the list of general factors : When designed and administered appropriately, an organization's compensation programs can be effective in supporting the overall business strategy.
Perform risk identification analysis : Choose a specific type of health care facility or specific department within a specific facility for whom you will perform a risk identification analysis.
Determine the key components of talent management : Determine the key components of talent management, including identifying, assessing, and developing talent. Examine how the talent management process.
Determine the cofficient of skewness using pearsons method : Determine the cofficient of Skewness using pearsons method and Determine the coefficient of skewners using the Software method
Determine the demand elasticity for health care : The RAND Corporation ran a social experiment to determine the demand elasticity for health care.
What concepts are crucial when recruiting team members : In a minimum of 600 words, document a succession plan for an employee (e.g., IT Developer, Maintenance Crew, Training Specialist, CEO) in your chosen firm.
Prepare full product cost statement for the streamline bike : Prepare a full product cost statement for the Streamline bike and suggest a suitable selling price. Prepare a suitable analysis of the new product
Explain how the passages support your opinion : Explain how the passages support your opinion. Conclude your critique by summarizing your argument and re-emphasizing your opinion.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd