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1.) The number of credits being taken by a sample of 12? full-time college students are listed below. Find the? mean, median, and mode of the? data, if possible.
11 12 12 9 8 8 8 10 8 8 9 6
2.) The ages? (in years) of a random sample of elementary school kids are shown. Determine the? range, variance, and standard deviation of the sample data set.
6 8 7 9 6 5
3.) A modified boxplot is a boxplot that uses symbols to identify outliers. The horizontal line of a modified boxplot extends as far as the minimum data entry that is not an outlier and the maximum data entry that is not an outlier.? (a) Identify any outliers and? (b) draw a modified boxplot that represents the data set. Use a cross ?(times ×?) to plot any outliers.
52
9
39
51
58
54
95
88
62
30
45
61
48
63
78
37
43
91
Identify any possible outliers.
This document contains various important questions and their appropriate answers in the subject field of Economics.
Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.
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The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.
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What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution
Calculate gross national product and net national product
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