HammondLA3 - unusual based on the standard deviation?...

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Summary statistics: Column n Mean Variance Std. Dev. Std. Err. Median Range Min Max Q1 Q3 Sort(Ages of executives) 100 49.62 101.93495 10.096 284 1.009628 4 49 55 27 82 42 56 Identify the Mean, Median, Standard Deviation, Range, Minimum, Maximum, first quartile, and third quartile values from your table.
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Q1= 42 Q2=49 Q3=56 5. On the basis of this sample, at what age would you expect to become an executive? Explain your answer. 6. If it is considered to be unusual to be more than two standard deviations from the mean, which age groups, if any can be considered
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Unformatted text preview: unusual based on the standard deviation? Explain your reasoning. (Age groups could be considered to be 20-29, 30-39, 40-49, 50-59, 60-69, 70-79, 80-89) #5 I would expect to become an executive at the age of 49 because that is the median of the results. #6 I would say that 20-29 ,70-79 and 80-89 are unusual because there is only 2 frequencies per data set unlike the others that have many frequencies per set....
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This note was uploaded on 02/03/2011 for the course ACCT 1100 taught by Professor Matter during the Spring '08 term at Metropolitan Community College- Omaha.

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HammondLA3 - unusual based on the standard deviation?...

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