Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
If the data set contains an odd number of items, the middle item of the array is the median. If there is an even number of items, the median is the average of the two items. If the total of the frequencies is odd, say n, the value of the (n+1)/2th item gives the median and when the total of the frequencies is even, say, 2n, then nth and (n + 1)th are two central items and the arithmetic mean of these two items gives the median.
The following data relates to the sales figures of certain companies relating to the year 2000-2001:
Companies
Sales
ACC
1520
Andhra Valley
436
Excel Inds
228
Indian Hotels
239
Tata Hydro
292
Tata Power
734
Tata Tea
412
Voltas
980
Tomco
312
Tinplate Co.
256
The median for the above data can be obtained as follows:
The series should first be arranged in an appropriate order. In the present case it is in descending order.
Company
Rank
1
2
3
4
5
6
7
8
9
10
Now, median is the mean of the 5th and the 6th items, i.e. (412 + 312)/2 = 362.
Thus, the median sales value of the ten companies is 362.
There are situations where none of the three averages is fully satisfactory. For example, if the number of items in a series is very small, none of these av
The interest rate on the three year loan is 0.087. Whereas the interest rate on the two year loan is 0.085 as given in A. Suppose that the liquidity premium at t=1 is 0.002 and tha
#There were three types of food, and the researcher recorded which foods were bought. Peanut Butter Banana Hamburger 15
For the following claim, find the null and alternative hypotheses, test statistic, P-value, critical value and draw a conclusion. Assume that a simple random sample has been selec
Melissa Bakery is preparing for the coming thanksgiving festival. The bakery plans to bake and sell its favourite cookies; butter cookies, chocolate cookies and almond cookies. A k
applications of normal probability distribution
In a three-cornered paint ball duel, A, B, and C successively take shots at each other until only one of them remains paint free. Once hit, a player is out of the game and gets no
Statistical Process Control The variability present in manufacturing process can either be eliminated completely or minimized to the extent possible. Eliminating the variabilit
In New Jersey, banks have been charged with withdrawing from counties having a high percentage of minorities. To substantiate this charge, data is presented in the table below conc
The data le for this assignment is brain-body-wts.txt, which lists the averages brain weights (gm) and body weights (kg) for a number of animal species. Your task is to t an appr
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd