Reference no: EM13335878
1. Find the median rate paid at Jim's burgers if the workers hourly rates are $4.25, $4.15, 44.90, $4.25, $4.60, $4.50, $4.60, $4.75.
2. What effect does the minimum amount have on the interest rate being offered on 3-month certificates of deposit (CD)? The following are advertised rates of return, y, for a minimum deposit of $500, $1000, $2000, $2500, $5000, or $10,000, x, (note that x is in $100 and y is annual percent of return)
Prepare a dotplot of the rates associated with each of the six different minimum deposit requirements, using a common scale.
Prepare a 5-number summary and a boxplot of the six sets of data. Use the same scale as for the boxplots.
Describe any differences you see between the six sets of data.
3.The graphic “valentine’s Day spending plan” shows a relative frequency distribution. This graph qualifies as a “tricky graph”.
Is the graph a bar graph or histogram? Explain
How does this graph violate the guidelines for drawing histograms?
4. Which x value has the higher position relative to the set of data from which it comes?
A: x=85, where mean =72 and standard deviation = 8
B: x=93, where mean = 87 and standard deviation =5
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Is the graph a bar graph or histogram
: Find the median rate paid at Jim's burgers if the workers hourly rates are $4.25, $4.15, 44.90, $4.25, $4.60, $4.50, $4.60, $4.75. What effect does the minimum amount have on the interest rate being offered on 3-month certificates of deposit (CD)? Th..
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