Which should be larger mean number of sales or median

Reference no: EM131394562

Clarksburg Bakery is trying to predict how many loaves to bake. In the last 100 days, they have sold between 95 and 140 loaves per day. Here is a histogram of the number of loaves they sold for the last 100 days.

1732_Graph 7.jpg

a) Describe the distribution.

b) Which should be larger, the mean number of sales or the median? Explain.

c) Here are the summary statistics for Clarksburg Bakery's bread sales. Use these statistics and the histogram above to create a boxplot. You may approximate the values of any outliers.

Summary of Sales
Median	100
Min	95
Max	140
25^th %tile	97
75^th %tile	105.5

d) For these data, the mean was 103 loaves sold per day, with a standard deviation of 9 loaves. Do these statistics suggest that Clarksburg Bakery should expect to sell between 94 and 112 loaves on about 68% of the days? Explain.

Reference no: EM131394562

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