Solution Found!
Solved: Profits Here is a stem-and-leaf display showing
Chapter 5, Problem 38RE(choose chapter or problem)
Profits Here is a stem-and-leaf display showing profits as a percent of sales for 29 of the Forbes 500 largest U.S. corporations. The stems are split; each stem represents a span of 5%, from a loss of 9% to a profit of 25%.
a) Find the 5-number summary.
b) Draw a boxplot for these data.
c) Find the mean and standard deviation.
d) Describe the distribution of profits for these corporations.
Questions & Answers
QUESTION:
Profits Here is a stem-and-leaf display showing profits as a percent of sales for 29 of the Forbes 500 largest U.S. corporations. The stems are split; each stem represents a span of 5%, from a loss of 9% to a profit of 25%.
a) Find the 5-number summary.
b) Draw a boxplot for these data.
c) Find the mean and standard deviation.
d) Describe the distribution of profits for these corporations.
ANSWER:Step 1 of 4
(a) The 5-number summary contains the minimum, first quartile, median, third quartile and maximum.
The lower quartile is at 25% of the sorted data list.
The median at 50% and the upper quartile at 75%.
