HW2_AGBU 501_Summer 2016 - Copy.docx - HOMEWORK 2 Business Statistics AGBU 501 Summer 2016 All the problems must be neatly handwritten and stapled

HW2_AGBU 501_Summer 2016 - Copy.docx - HOMEWORK 2 Business...

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HOMEWORK 2, Business Statistics, AGBU 501, Summer 2016 All the problems must be neatly handwritten and stapled together. Sloppy homework assignments will be penalized. SHOW ALL WORK. Failure to do so will reduce your grade by 10 points. You MUST submit every homework assignment to be eligible to take the upcoming exam. All homework assignments MUST be done on your own. No collaboration is allowed. You can talk to the instructor or the TA if you have questions. Due: 9:55 am, June 25 Late homework: no credit will be given, however, you still must submit it Submit to: Teaching assistant Total points possible: 100 PROBLEM 1 (20 points) The following is a set of data from a sample of n = 5: 7 4 9 8 2 a) Compute the mean, median, and mode. b) Compute the range, interquartile range, variance, standard deviation, and coefficient of variation.
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c) Compute the Z scores. Are there any outliers? d) Describe the shape of the data set. PROBLEM 2 (20 points) “AGBU 501_HW2_Problem 2” data file contains data on the bounced check fees, in dollars, for a sample of 23 banks for direct deposit customers who maintain a $100 balance.
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