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Part I Practice Problems on
Descriptive Statistics from
www.businessbookmall.com
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Calculate the following using this sample data. Where
appropriate, state the symbol for the Data: 20, 6, 15, 22, 13, 9, 2, 20, 10 1. Mean
2. Median
4. Variance
5. Standard Deviation
7. 85th percentile
8. Third decile
9. Interquartile range
10. Use a paragraph or two containing complete sentences to define two variables, one that is skewed positively and one that is skewed negatively. Explain why you think the data is skewed.
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| 1) 13 2) 13 3) 20 4) 47.25 5) 6.87 6) 0 7) 20.3 8) 9.2 9) 20.0 - 8.25 = 11.75 10) Income is skewed to the right. Hopefully, hours studying is skewed to the left. |
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