6) I am interested in the amount of $ my friends win or lose while playing...

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Statistics

  1. 6) I am interested in the amount of $ my friends win or losewhile playing blackjack at the casinos. So I go out and collect asample of data an obtain the following distribution of data(negative numbers mean $ was lost)
    -13, -12, -8, -4, -3, 0, 2, 4, 6, 8, 12,14

    1. What is the Range? (2pts)

    2. What is the Mean? (3pts)

    3. What is the Median? (3pts)

    4. What is the standard deviation of your sample ‘s’ (6pts)

    5. Sketch an informative error-bar chart showing the mean witherror

      bars showing one standard deviation away from the mean(5pts)

    6. What are the two Quartiles (3pts)

    7. What is the 5-number summary? (3pts)

    8. What is the Interquartile Range? (3pts)

  2. According to the 1.5*IQR rule, are there any potential outliers?(10pts)

  3. Sketch an informative Box Plot of the distribution. (5pts)

Answer & Explanation Solved by verified expert
3.6 Ratings (653 Votes)
Range maximum value minimum value 14 1327Mean 612050Median the middle most value after arranging the data in anascending    See Answer
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