Question 1 Professor Sylvester is curious about the daily spending ($) by university students. He surveyed two random groups of 20 male and female...
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Question 1 Professor Sylvester is curious about the daily spending ($) by university students. He surveyed two random groups of 20 male and female university students and information are shown as below. Based on the table given, answer the following questions. 36 Male 40 25 16 35 42 40 15 33 16 15 17 36 36 38 19 39 24 25 34 47 Female 42 21 33 22 50 44 34 29 30 28 22 19 22 33 21 20 41 23 48 a) Find the measures of central tendency for daily spending by male university students and interpret their meanings. (9 marks) b) Comment on the distribution of daily spending by male university students. Justify your answer with two reasons. (6 marks) c) Compare the daily spending between male and female university students in terms of average and dispersion. (12 marks) d) Find the approximate value of the 63th percentile for daily spending by female university students and interpret the answer. (4 marks) e) Find the percentile rank for female university student who spends $41 daily and interpret the answer. (4 marks)

This question was created from QBM101 Jan 2021 Qn.pdf

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