QBM__501_Assignment_2.doc - Quantitative Methods for Decision Making Assignment 2 QMB 501 By Dr Samuel G Waldron Student Name Zakaria Zerzouf Q 1 Some

QBM__501_Assignment_2.doc - Quantitative Methods for...

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Quantitative Methods for Decision Making Assignment 2 QMB 501 By Dr. Samuel G, Waldron Student Name: Zakaria Zerzouf Q. 1. Some data are given as: Student No. Mid Term Exam Grd Final Exam Grade 1 65 74 2 68 73 3 71 71 4 75 80 5 75 83 6 85 85 7 88 90 8 95 94 9 97 99 10 100 98 a. Sketch scatterplot. Scatterplot.xlsx Q. 2. For which of these variables the median is a better measure of central tendency (average) than the mean: Individual income in a country The median is the best measure to use for income since the distribution is skewed The weight of 5-year old boys We can use the mean Apartment rental prices in New York

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