1. The purchases from ten regular (corporate) customers last month from a wholesaler are $142,000, $23,000, $41,000, $10,000, $7,000, $93,000, $17,000, $174,000, $420,000 and $13,000. PLEASE SHOW ALL...

1 answer below »

1. The purchases from ten regular (corporate) customers last month from a wholesaler are $142,000, $23,000, $41,000, $10,000, $7,000, $93,000, $17,000, $174,000, $420,000 and $13,000. PLEASE SHOW ALL WORK.

a. Find the mean, median, mode and standard deviation of this data set. Describe what these values tell you about the data set.

b. Based on your analysis values from part a, what can you say about this data set?

Answered Same DayDec 23, 2021

Answer To: 1. The purchases from ten regular (corporate) customers last month from a wholesaler are $142,000,...

David answered on Dec 23 2021

123 Votes

Find Mean
142000
23000
41000
10000
7000
93000
17000
174000
420000
13000
940000
Mean = 940000/10 = 94000
Median = 93000+7000/2 = 50000
Mode = There is no mode
Mode is the value that occurs most often. If no number is repeated, then there is no mode for the
observation.
Standard Deviation is the...

SOLUTION.PDF

1. The purchases from ten regular (corporate) customers last month from a wholesaler are $142,000, $23,000, $41,000, $10,000, $7,000, $93,000, $17,000, $174,000, $420,000 and $13,000. PLEASE SHOW ALL...

Answer To: 1. The purchases from ten regular (corporate) customers last month from a wholesaler are $142,000,...

Answer To This Question Is Available To Download

Related Questions & Answers

Submit New Assignment