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Essay Details:
Essay text:
And from the graph we look at the 50% on the Y axis.
Which bring 2.6 Median value.
The number that occurs frequently is 3 and is a mode according to the data while median is the point where we get 50% in a graph.
Q3
Cost of production No. Of products Cf %Cf
1 4 4 6.45%
2 12 16 25.81%
3 22 38 61.29%
4 15 53 85.48%
5 7 60 96.77%
8 2 62 100%
_
X =OFX
OF
_
X=205/62=3.30
_
X=3.30
From the graph the median=2.7 value. Mode=3.
Because of the production cost increases, the mean will increase according to data and the graph data shows the value is 2.7. Mode will remain the same.
Q2.Compiquant Plc
Region SE SW WM NW WALES EM NE SCOT
1000+ 11400+ 11500+ 1200+ 12500+ 1300+ 13600+ 20000
8
Mean=13,000
Range is the difference between biggest and the smallest figure, which is
20000-10000= 10,000
Range = 10,000
Median 125,000
DATA COLLECTION, ANALYSIS AND PRESENTATION
Q1
From the histogram the mode is about age 27...
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