Business, 30.11.2020 21:10, katherineweightman

QUESTION THREE. The following data give the savings bank accounts balances of nine sample
households selected in a survey. The figures are in SSP
745.2,000.1.500.68,000.461,549,37 50,1800,4795
(a) Find the mean and the median for these data;
(6) Do these data contain an outlier? If so, exclude this value and recalculate th
mean and median. Which of these summary measures has a greater change wh
outlier is dropped?;
(c) Which of these two summary measures is more appropriate for this series?

Answers: 3

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QUESTION THREE. The following data give the savings bank accounts balances of nine sample
hous...