Calculate the median for sample data, Operation Management

Assignment Help:

The Hilllcrest Golf and Country Club manager selected a random sample of the members and recorded the number of rounds of golf they played last season. The reason for his interest in this data is that the club is thinking of applying a discount to members who golf more than a specified number of rounds per year. The sample of eight people produced the following number of rounds played:

13 32 12 9 16 17 16 12

a) Compute the mean for these sample data.

b) Compute the median for these sample data.

c) Compute the mode for these sample data.

d) Calculate the variance and standard deviation for these sample data.

e) Note that one person in the sample played 32 rounds. What effect, if my, does this large value have on each of the 1hree measures of location? Discuss.

f) For these sample data, which measure of location provides the best measure of the center of the data? Discuss.

g) Given this sample data, suppose the manager wishes to give discounts to golfers in the top quartile. What should the minimum number of rounds played be to receive a discount?


Related Discussions:- Calculate the median for sample data

Explain capacity planning involving hiring, Capacity planning involving hir...

Capacity planning involving hiring, layoffs, some new tooling, minor equipment purchases, and subcontracting is considered as which one of the following planning horizons?

Factors influencing plant layout, Factors Influencing Plant Layout While...

Factors Influencing Plant Layout While choosing the layout for a factory the following factors should be taken into consideration: Management Policy: Management has to de

Explain the annual interest payment, A bond has a coupon rate of 15%, a yie...

A bond has a coupon rate of 15%, a yield to maturity of 10.55%, and a market price of $850. Therefore, the annual interest payment is: a.) $850 b.) $150 c.) $105.50. d.) $120.0

Explain operations management for improving a process, Recently some Operat...

Recently some Operations Management experts have begun insisting that simple minimizing process velocity, which actually means minimizing the time that it takes to process somethin

What is the goal of swot analysis, The goal of SWOT analysis is to ________...

The goal of SWOT analysis is to ________ the organization's opportunities and strengths while ________ its threats and ________ its weaknesses. (a) avoid; neutralizing; correcti

Explain how does radisson hotels worldwide apply capacity, How does Radisso...

How does Radisson Hotels Worldwide apply Capacity and Scheduling, and quality?

Explain bill could protect the data and systems, Make a list of five ways t...

Make a list of five ways that Bill could protect the data and systems that he is going to put in place. Consider the type of data and systems that would be relevant to Bill's pizz

Explain training programs relate to the company''s business, How do Loews' ...

How do Loews' training programs relate to the company's business strategy?

Explain the term organisation structure, Explain the term organisation stru...

Explain the term organisation structure. It is the systematic arrangement of the people doing work for the organisation so as to achieve predecided goals.  This structure is

Explain uses a level material usage approach has collected, A firm that ope...

A firm that operates 300 days in a year and uses a level material usage approach has collected the following data: Annual Demand = 30,000; Daily Demand = 100; Daily production= 300

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd