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Rankings of research universities.Refer to the College Choice 2015 Rankings of National Research Universities, Exercise 2.43 (p. 95). Recall that data on academic reputation score, financial aid awarded, and net cost to attend for the top 50 research universities are saved in the TOPUNIV file. The 50 academic reputation scores are listed in the accompanying table.

99 92 94 95 97 91 91 92 92 89 84 85 100 87 83 83 89 79 94 79 79 87 76 67 76 76 76 70 74 64 74 69 66 72 65 76 64 65 61 69 62 69 52 64 64 47 60 57 63 62

a.Find the median, lower quartile, and upper quartile for the data.

b.Find IQR for the data.

c.Graph the data with a box plot.

d.Do you detect any outliers? Suspect outliers?

Short Answer

Expert verified

(a) Median = 76, lower quartile = 64.75, upper quartile = 89.25

(b) IQR = 24.5

(c)

(d) No

Step by step solution

01

Finding the median, lower quartile, and upper quartile

Arranging the data in ascending order,

(47,52,57,60,61,62,62,63,64,64,64,64,65,65,66,67,69,69,69,70,72,74,74,76,76,76,76,76,79,79,79,83,83,84,85,87,87,89,89,91,91,92,92,92,94,94,95,97,99,100)Q1=N+14=50+14=514=12.75thterm=64.75Q2=N+12=50+12=512=25.5thterm=76Q3=3N+14=350+14=1534=38.25thterm=89.25

Therefore, Median = 76, lower quartile = 64.75, upper quartile = 89.25

02

Computing the IQR

IQR = QU – QL

= 89.25 – 64.75

= 24.5

03

Constructing the box plot

Lower Inner Fence = QL - 1.5(IQR)

= 64.75 – 1.5(24.5)

= 64.75 – 36.75

= 28

Upper Inner Fence = QU + 1.5(IQR)

= 89.25 + 1.5(24.5)

= 89.25 + 24.5

= 113.75

04

Detecting outliers and Suspect outliers

No, I do not detect any outliers or suspect outliers.

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Most popular questions from this chapter

Question: Performance of stock screeners.Refer to the American Association of Individual Investors (AAII) statistics on stock screeners, Exercise 2.44 (p. 95). Annualized percentage return on investment (as compared to the Standard & Poor’s 500 Index) for 13 randomly selected stock screeners are reproduced in the table.

(9.0, -.1, -1.6, 14.6, 16.0, 7.7, 19.9, 9.8, 3.2, 24.8, 17.6, 10.7, 9.1)

a.Find the range of the data for the 13 stock screeners. Give the units of measurement for the range.

b.Find the variance of the data for the 13 stock screeners. If possible, give the units of measurement for the variance.

c.Find the standard deviation of the data for the 13 stock screeners. Give the units of measurement for the standard deviation

Question: State SAT scores.Refer to Exercise 2.27 (p. 84) and the data on state SAT scores. Construct a scatterplot for the data, with the 2010 Math SAT score on the horizontal axis and the 2014 Math SAT score on the vertical axis. What type of trend do you detect?

State

2010 Math SAT

2014 Math SAT

Alabama

538

550

Alaska

503

513

Arizona

527

524

Arkansa

571

564

California

510

516

Wisconsin

608

603

Wyoming

599

565

Nuclear power plants.According to the Nuclear Energy Institute (NEI), 62 nuclear power plants were operating in the United States in 2015. The table at top of the next column lists the 30 states that operate nuclear power

plants, the number of plants in each state, and whether the state has passed legislation supporting nuclear energy expansion (regulated) or not (deregulated).

a.Find the mean, median, and mode of the number of power plants per state. Interpret these values.

b.Repeat part afor the regulated states only.

c.Repeat part afor the deregulated states only.

d.Compare the results, parts band c.What inference can you make about the impact that state regulation has on the number of nuclear power plants?

e.Eliminate the state with the largest number of power plants from the data set and repeat part a.What effect does dropping this measurement have on the measures of central tendency found in part a?

f.Arrange the 30 values in the table from lowest to highest. Next, eliminate the lowest two values and the highest two values from the data set and find the mean of the remaining data values. The result is called a 10% trimmed meanbecause it is calculated after removing the highest 10% and the lowest 10% of the data values. What advantages does a trimmed mean have over the regular arithmetic mean?

State

Status

Number of Power Plants

Alabama

Regulated

2

Arizona

Regulated

1

Arkansas

Regulated

1

California

Regulated

1

Connecticut

Deregulated

1

Florida

Regulated

3

Georgia

Regulated

2

Illinois

Deregulated

6

Iowa

Deregulated

1

Kansas

Regulated

1

Louisiana

Regulated

2

Maryland

Deregulated

1

Massachusetts

Deregulated

1

Michigan

Deregulated

3

Minnesota

Regulated

2

Mississippi

Regulated

1

Missouri

Regulated

1

Nebraska

Regulated

2

New Hampshire

Deregulated

1

New Jersey

Deregulated

3

New York

Deregulated

4

North Carolina

Regulated

3

Ohio

Deregulated

2

Pennsylvania

Deregulated

5

South Carolina

Regulated

4

Tennessee

Regulated

2

Texas

Deregulated

2

Virginia

Regulated

2

Washington

Regulated

1

Wisconsin

Deregulated

1

Explain how the relationship between the mean and median provides information about the symmetry or skewness of the data’s distribution.

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a.Find the approximate 25th percentile, the median, and the 75th percentile for the PASI scores before treatment.

b.Find the approximate 25th percentile, the median, and the 75th percentile for the PASI scores after treatment.

c.Comment on the effectiveness of ichthyotherapy in treating psoriasis.

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