Shipments. A company selling clothing on the Internet reports that the packages it ships have a median weight of 68 ounces and an IQR of 40 ounces. a) The company plans to include a sales flyer weighing 4 ounces in each package. What will the new median and IQR be? b) If the company recorded the shipping weights of these new packages in pounds instead of ounces, what would the median and IQR be? (1 lb. = 16 oz.)
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Textbook Solutions for Stats: Modeling The World
Question
Customer database. A large philanthropic organiza-tion keeps records on the people who have contributed totheir cause. In addition to keeping records of past giving,the organization buys demographic data on neighbor-hoods from the U.S. Census Bureau. Eighteen of thesevariables concern the ethnicity of the neighborhood of thedonor. Here are a histogram and summary statistics for thepercentage of whites in the neighborhoods of 500 donors: a) Which is a better summary of the percentage of whiteresidents in the neighborhoods, the mean or the me-dian? Explain.b) Which is a better summary of the spread, the IQR orthe standard deviation? Explain.c) From a Normal model, about what percentage ofneighborhoods should have a percent white withinone standard deviation of the mean?d) What percentage of neighborhoods actually have apercent white within one standard deviation of themean?e) Explain the discrepancy between parts c and d.
Solution
The first step in solving 6 problem number 36 trying to solve the problem we have to refer to the textbook question: Customer database. A large philanthropic organiza-tion keeps records on the people who have contributed totheir cause. In addition to keeping records of past giving,the organization buys demographic data on neighbor-hoods from the U.S. Census Bureau. Eighteen of thesevariables concern the ethnicity of the neighborhood of thedonor. Here are a histogram and summary statistics for thepercentage of whites in the neighborhoods of 500 donors: a) Which is a better summary of the percentage of whiteresidents in the neighborhoods, the mean or the me-dian? Explain.b) Which is a better summary of the spread, the IQR orthe standard deviation? Explain.c) From a Normal model, about what percentage ofneighborhoods should have a percent white withinone standard deviation of the mean?d) What percentage of neighborhoods actually have apercent white within one standard deviation of themean?e) Explain the discrepancy between parts c and d.
From the textbook chapter The Standard Deviation as a Ruler and the Normal Model you will find a few key concepts needed to solve this.
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