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What is the skewness of the distribution of prices

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Reference no: EM13698356

Review the SPSS output file, which presents separate descriptive statistics on the price per 6-pack for each of the beer brands that are regular (not reduced calorie) and those that are reduced calorie. Answer the following questions based on your observations of the SPSS output file:

1. What is the highest price (maximum) charged among all the regular brands for a 6-pack? State the dollar amount.

2. What is the highest price (maximum) charged among all thereduced calorie brands for a 6 pack? State the dollar amount.

3. What is the mean price charged for a 6-pack of regular beer brands? State the dollar amount.

4. What is the mean price charged for a 6-pack of reduced calorie brands? State the dollar amount.

5. What is the skewness of the distribution of prices for the regular beer brands? State the value. Is it positively or negatively skewed?

6. What is the skewness of the distribution of prices for the reduced calorie beer brands? State the value. Is it positively or negatively skewed?

Reference no: EM13698356

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