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

Focused improvement programmes - improving productivity, Focused Improvemen...

Focused Improvement Programmes - Improving Productivity Allan Lawlor (1985), Director of Action Learning Associates (ALA) suggests - based on his experiences in industry and

Explain about changing the layout of empty cubicles, Is there an optimal si...

Is there an optimal size for all organizations? Also how should one go about changing the layout of empty cubicles?

Describe what will be the duration of management conference, What will be t...

What will be the duration of a management conference duration?

Explain weeks of supply, The Bawl Corporation supplies alloy ball bearings ...

The Bawl Corporation supplies alloy ball bearings to auto manufacturers in Detroit. Because of its specialized manufacturing process, considerable work-in-process and raw materials

Explain effective applications, "Effective Applications" Please respond to ...

"Effective Applications" Please respond to the following: •Discuss the types of organizational culture changes (especially within the medical staff) that will have to take place in

Find what is the stock worth today, Investor G. Loeb owns a 5-year, $1000 b...

Investor G. Loeb owns a 5-year, $1000 bond with a 5% coupon. If the yield to maturity on similar bonds is currently 10%, what is Mr. Loeb's bond worth today? A security analyst

Explain ethics addressed in the business world today, How are leadership tr...

How are leadership traits and ethics addressed in the business world today?

Models, under which topic in operations management are models found?

under which topic in operations management are models found?

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