Assignment : Class III

3.15; 3.72

3.15
A. Compute the following:
Mean = 4.29
Median = 4.5

B. Compute the following:

Variance = 2.5
Standard Deviation = 1.58
Range = 6.08
Co-efficient of variation = 36.92

3.15
B. Compute the following:
#
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15

Waiting Time
4.21
5.55
3.02
5.13
4.77
2.34
3.54
3.20
4.50
6.10
0.38
5.12
6.46
6.19
3.79

Z Scores
-0.05
0.80
-0.80
0.53
0.31
-1.23
-0.47
-0.69
0.13
1.15
-2.47
0.53
1.37
1.20
-0.31

3.15
C. Are the data skewed? If so, how?
Answer: In this case Mean, 4.29 < Median
4.5. Hence the data is left skewed.
D.
Answer: The manger's statement that the
customer is almost certain to wait less
than 5 minutes is not correct. Mean
waiting time is 4.29 minutes

3.72
A. Compute the following:
Age
Mean

Grad GPA

26.45

UG GPA

3.33

B. Compute th

Median

FT Jobs

Expected Salary

Spending

Advisory Rating

Text Messages

Wealth

3.37

1.73

82.98

363.86

4.59

232.45

10.64

25.5

3.4

70

300

100

2.75

First Quartile

29

3.7

120

400

10

Third Quartile

32

3.3

60

150

B. Compute the following:

Age
Range

Grad GPA

UG GPA

FT Jobs

Expected Salary

Spending

Advisory Rating

Text Messages

Wealth

26

1.1

260

2130

1250

99.9

-1

-0.4

-60

-250

-2

-10

27.8843

0.1598

0.0999

1.0165

1930.9199 126364.6178

0.9236

86146.2479

488.3292

STD Deviation

5.28

0.40

0.32

1.01

43.94

355.48

0.96

293.51

22.10

Co-eff of variation

20%

12%

9%

58%

53%

98%

21%

126%

208%

Interquartile Range
Variance

3.72
C. Box Plot - Age: The data is right skewed (The distance from Xsmallest
to the median is less than the distance from the median to the Xlargest ).

3.72
C. Box Plot UG GPA: The data is left skewed (The distance from Xsmallest
to the median is greater than the distance from the median to the Xlargest ).

3.72
C. Box Plot FT Jobs: The data is symmetric(The distance from Xsmallest
to the median is same as the distance from the median to the Xlargest ).

3.72
C. Box Plot Expected Salary: The data is right skewed (The distance from Xsmallest
to the median is less than the distance from the median to the Xlargest ).

3.72
C. Box Plot Spending: The data is right skewed (The distance from Xsmallest
to the median is less than the distance from the median to the Xlargest ).

3.72
C. Box Plot Advisory Rating: The data is symmetric (The distance from Xsmallest
to the median is same as the distance from the median to the Xlargest ).

3.72
C. Box Plot Text Messages: The data is right skewed (The distance from Xsmallest
to the median is less than the distance from the median to the Xlargest ).

3.72
C. Box Plot Wealth: The data is right skewed (The distance from Xsmallest
to the median is less than the distance from the median to the Xlargest ).

3.72
From the scatter plots, there is some correlation
between Age and Grad GPA. As the age increases,
there is some tendency that Grad GPA also
increases. Similarly there is very small correlation
between UG GPA and Grad GPA. There is very
slight tendency of large values of both GPA pairing
together. Finally, there is a very small negative
correlation between Age and Undergrad GPA
(almost negligible).