can you please answer all three question The following table gives the average price of...
50.1K
Verified Solution
Question
Accounting
can you please answer all three question The following table gives the average price of gasoline per gallon for 10 states in the US. State Price per gallon (10/8/2021) Alabama $2.70 Arkansas $3.26 Illinois $3.52 Indiana $3.25 Kansas $2.98 Louisiana $2.98 New Jersey $3.25 South Dakota $3.24 Washington $3.80 Wyoming $3.52 Q1 ] Using the appropriate formulas manually calculate the following summary statistics : i. Mean ii. Median iii. Range iv. First, Second and Third Quartiles v. Variance vi. Standard Deviation vii. Coefficient Variation viii. Z-score ix. Skewness x. Kurtosis Q2 ] Interpret and explain each results you have obtained in Q1. Each should not be longer than 2-3 lines long explanation. Q3 ] Draw a bell-shaped curve and show where 50% of data values are located. Also explain why and how you can use the bell- shaped curve to locate these data values.
can you please answer all three question
The following table gives the average price of gasoline per gallon for
10 states in the US.
State
Price per
gallon
(10/8/2021)
Alabama $2.70
Arkansas $3.26
Illinois $3.52
Indiana $3.25
Kansas $2.98
Louisiana $2.98
New Jersey $3.25
South Dakota $3.24
Washington $3.80
Wyoming $3.52
Q1 ] Using the appropriate formulas manually calculate the
following summary statistics :
i. Mean
ii. Median
iii. Range
iv. First, Second and Third Quartiles
v. Variance
vi. Standard Deviation
vii. Coefficient Variation
viii. Z-score
ix. Skewness
x. Kurtosis
Q2 ] Interpret and explain each results you have obtained in
Q1. Each should not be longer than 2-3 lines long explanation.
Q3 ] Draw a bell-shaped curve and show where 50% of data
values are located. Also explain why and how you can use the bell-
shaped curve to locate these data values.
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.