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Summary Statistics and Data Analysis

The document contains various statistical exercises involving calculations of averages, modes, interquartile ranges, and percentage changes related to production and pricing. It includes scenarios from different contexts such as a manufacturing company, a grocery store, and a library survey. Additionally, it discusses the acceptance criteria for tomatoes based on weight and standard deviation, as well as concerns about check cashing frequency at a bank.

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0% found this document useful (0 votes)
4 views2 pages

Summary Statistics and Data Analysis

The document contains various statistical exercises involving calculations of averages, modes, interquartile ranges, and percentage changes related to production and pricing. It includes scenarios from different contexts such as a manufacturing company, a grocery store, and a library survey. Additionally, it discusses the acceptance criteria for tomatoes based on weight and standard deviation, as well as concerns about check cashing frequency at a bank.

Translated by

ScribdTranslations
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

SUMMARY STATISTICS

Exercises
3-24The Birch company, manufacturer of electric circuit boards, has produced the following number of
units in the last five years:

Calculate the average percentage increase of units produced during this period, and use the result.
to estimate production in 1999.

Lisa's Quick Stop attracts its customers by selling milk at a price 2% lower than the store.
the largest grocery store in the town. The following are the prices of a gallon of milk over a period
of 2 months. What is the average percentage change in the price at Lisa's store?

3-9 The following are the ages in years of the cars that Village Autohaus worked on last week
past
5 6 3 6 11 7 9 10 2 4 10 6 2 1 5

a) Calculate the mode for this dataset.


b) Calculate the average for this data set.
c) Compare items a) and b) and comment on which is the best measure of central tendency for this data.

A librarian surveyed 20 people as they left the library and asked them how many books they had.
taken out. The answers were the following:

10223421202231073542

a) Calculate the mode of this data set.


b) Calculate the mean for this data set.
c) Graph the frequency data against the number of books borrowed. Is the mean or the mode a better
measure of central tendency for these data?

3-52 For the following data, calculate the interquartile range.


99 75 84 61 33 45 66 97 69 55
72 91 74 93 54 76 52 91 77 68

For the following sample, calculate


a) the range,
b) the interquartile range between the 20th and 80th percentiles,
c) the interquartile range.

2,549 3,897 3,661 2,697 2,200 3,812 2,228 3,891 2,668 2,268
3,692 2,145 2,653 3,249 2,841 3,469 3,268 2,598 3,842 3,362

1
SUMMARY STATISTICS

The head chef of The Flying Taco has just received two dozen tomatoes from her supplier, but
he still doesn't accept them. He knows from the invoice that the average weight of a tomato is 7.5 ounces, but he insists on
that all have a uniform weight. It will accept the tomatoes only if the average weight is 7.5 ounces and the
Standard deviation is less than 0.5 ounces. The weights of the tomatoes are as follows:
What is the chef's decision and why?
6.3 7.2 7.3 8.1 7.8 6.8 7.5 7.8 7.2 7.5 8.1 8.2
8.0 7.4 7.6 7.7 7.6 7.4 7.5 8.4 7.4 7.6 6.2 7.4

The number of checks cashed daily at the five branches of the Bank of Orange County
during the previous month, it had the following frequency distribution:

Hank Spivey, operations director of the bank, knows that a deviation


standard in the collection of checks greater than 200 checks daily causes
personnel and organizational problems in the branches, due to the workload
uneven work. Should he worry about the number of employees who are leaving?
to use next month?

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