Studying gender differences in negotiations

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1. Car discounts. A researcher, interested in studying gender differences in negotiations, collects data on the prices that men and women pay for new cars. Here is a his- togram of the discounts (the amount in $ below the list price) that men and women received at one car dealership for the last 100 transactions (54 men and 46 women). Give a short summary of this distribution (shape, center, spread, unusual features). What do you think might account for this particular shape?

2. Mutual funds, part 2. Use the data set of Exercise 27 to answer the following questions.

a) Find the five-number summary for these data.

b) Find appropriate measures of center and spread for these data.

c) Create a boxplot for these data.

d) What can you see, if anything, in the histogram that isn't clear in the boxplot?

Reference no: EM131009083

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