What would the median and iqr be

Reference no: EM131394462

A company selling clothing on the Internet reports that the packages it ships have a median weight of 68 ounces and an IQR of 40 ounces.

a) The company plans to include a sales flyer weighing 4 ounces in each package. What will the new median and IQR be?

b) If the company recorded the shipping weights of these new packages in pounds instead of ounces, what would the median and IQR be?

Reference no: EM131394462

Questions Cloud

Find the range and the iqr of the weights : Find the range and the IQR of the weights.- Do you think the distribution of the weights is symmetric or skewed? If skewed, which way? Why?

Tell the new value of each of the summary statistics : Suppose business has been good and the company gives every employee a $50 raise. Tell the new value of each of the summary statistics.

Define a sponsorship policy approach for a brand : In this activity, you will to define a sponsorship policy approach for a brand within your national market and list her according to main objectives

What will the median and iqr of the length of hotline calls : In an effort to speed up the customer service process, the company decides to streamline the series of pushbutton menus customers must navigate, cutting the time by 24 seconds. What will the median and IQR of the length of hotline calls become?

What would the median and iqr be : If the company recorded the shipping weights of these new packages in pounds instead of ounces, what would the median and IQR be?

Is it better to analyze the original fusion times : Because of the skewness of the distributions of fusion times, we might consider a reexpression. Here are the boxplots of the log of fusion times. Is it better to analyze the original fusion times or the log fusion times? Explain.

Estimate the risk and return on financial investments : Estimate the risk and return on financial investments. Apply financial management options to corporate finance. Determine the cost of capital and how to maximize returns.

What two variables are discussed in given description : What two variables are discussed in this description?- For each variable, is it quantitative or categorical? If quantitative, what are the units?

What would you suggest doing with given data : What aspect of this distribution makes it difficult to summarize, or to discuss, center and spread?- What would you suggest doing with these data if we want to understand them better?

User Account

All Pages