DESCRIPTIVE STATISTICS

Measures of Central Tendency Solution

1. Determine the mode Median and Mean for the following numbers.

7 4 9 4 7 1 2 9 4 3 6 5 4 2 1

2. Determine the, median and mean for the following numbers.

420 130 320 089 107 577 388 250 690 432

3. Compute the mean for the following numbers.

17.3 44.5 31.6 40.0 52.8 38.8 30.1 78.5

4. Compute the mean for the following numbers.

6 1 -3 10 3 -5 8 -5 1 2 9 11

5. Compute the 35th percentile, the 55th percentile,Q1, Q2, and Q3 for the following data.

16 28 29 13 17 20 11 34 32 27 25 30 19 18 33

6. Compute P20, P47, P83, Q1, Q2, and Q3 for the following data.

122 138 100 118 172 132

67 107 75 119 139 145

162 123 112 170 143 90

104 116 119 143 211 111

7. The following list shows the 15 largest banks in the world by assets according to [Link].
Compute the median and the mean assets from this group. Which of these two measures do think is most
appropriate for summarizing these data, and why? What is the value of Q2? Determine the 63rd
percentile for the data. Determine the 29th percentile for the data.
 DESCRIPTIVE STATISTICS

8. The number of cars in service by the top 10 cars rental companies in 2009 according to Auto Rental
News follows. Compute the median, Q3, P20, P60, P80, and P93 on given data
Company Numbers of cars in
Service
Enterpirse 842376
Avis 300000
Hertz 286000
Dollar 106425
Independent 53500
U save 11000
Payless 9000
Ace 8500
Fox 7700
Rent a Work 5075

9. The following lists the number of fatal accidents by scheduled commercial airlines over a 17-year period
according to the Air Transport Association of America. Using these data, compute the mean, median, and
mode. What is the value of the third quartile? Determine P11, P35, P58, and P67.

10. On certain day the average closing price of a group of stocks on the National Stock Exchange
21 21 21 22 23 25 28 29 33 35 38 56 61
What are the mean median modes for these data?

Measures of Variability

11. A data set contains the following seven values.

7 3 1 8 2 10 6
a. Find the range.
b. Find the mean absolute deviation.
c. Find the population variance.
d. Find the population standard deviation.
e. Find the interquartile range.
f. Find the z score for each value.

12. A data set contains the following eight values.

4 3 0 5 2 9 4 5
a. Find the range.
b. Find the mean absolute deviation.
c. Find the sample variance.
d. Find the sample standard deviation.
e. Find the interquartile range.

13. A data set contains the following six values.

11 25 17 21 20 27
 DESCRIPTIVE STATISTICS
a. Find the population standard deviation using the formula containing the mean (the original formula).
b. Find the population standard deviation using the computational formula.
c. Compare the results. Which formula was faster to use? Which formula do you prefer? Why do you
think the computational formula is sometimes referred to as the “shortcut” formula?
14. Use your calculator or computer to find the sample variance and sample standard deviation for the
following data.
57 88 68 43 93
63 51 37 77 83
66 60 38 52 28
34 52 60 57 29
92 37 38 17 67

15. Find the population variance and population standard deviation for the following data.
120 080 516 378
392 280 143 532
453 672 862 061
380 420 546 611

16. Determine the interquartile range on the following data.

14, 15, 18, 19, 23, 24, 25, 27, 35, 37, 38, 39, 39, 40, 44, 46, 58, 59, 59, 70, 71, 73, 82, 84, 90

17. A sample of 12 small accounting firms reveals that following numbers of professionals per
office.
6 8 10 13
11 9 7 15
12 5 13 4
a) Determine the Mean Absolute Deviation.
b) Determine the Variance
c) Determine the Standard Deviation
d) Determine the Interquartile Range
e) What is z score for the firm that has six professionals?
f) What is the coefficient of variation for this sample?
18. The time needed to assemble a particular piece of furniture with experience is normally distributed with
a mean time of 43 minutes.
a. If 68% of the assembly times are between 40 and 46 minutes, what is the value of the standard
deviation?
b. Suppose 99.7% of the assembly times are between 35 and 51 minutes and the mean is still 43
minutes.
c. What would the value of the standard deviation be now?
d. Suppose the time needed to assemble another piece of furniture is not normally distributed and that
the mean assembly time is 28 minutes. What is the value of the standard deviation if at least 77% of
the assembly times are between 24 and 32 minutes?
Solution:
19. Environmentalists are concerned about emissions of sulfur dioxide into the air. The average number of
days per year in which sulfur dioxide levels exceed 150 milligrams per cubic meter in Milan, Italy, is 29.
 DESCRIPTIVE STATISTICS
The number of days per year in which emission limits are exceeded is normally distributed with a
standard deviation of 4.0 days.
a. What percentage of the years would average between 21 and 37 days of excess emissions of sulfur
dioxide?
b. What percentage of the years would exceed 37 days? What percentage of the years would exceed 41
days?
c. In what percentage of the years would there be fewer than 25 days with excess sulfur dioxide
emissions?
20. Shown below are the per diem business travel expenses listed by Runzheimer International for 11 selected cities
around the world. Use this list to calculate the z scores for Moscow, Beijing, Rio de Janeiro, and London. Treat
the list as a sample.