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Fin3154 (Formative Task 3)

This document provides instructions for a statistical analysis assignment involving analyzing and comparing data on fuel efficiency of vehicles and cost of chocolate bars. Students are asked to calculate measures of central tendency, dispersion, and outliers for two datasets - one on miles per gallon for SUVs and sedans, and another on cost per ounce of chocolate bars. They are also instructed to compare the results between vehicle types and draw conclusions about the cost of chocolate bars based on the statistical analysis.

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Emmanuelle Maza
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0% found this document useful (0 votes)
126 views1 page

Fin3154 (Formative Task 3)

This document provides instructions for a statistical analysis assignment involving analyzing and comparing data on fuel efficiency of vehicles and cost of chocolate bars. Students are asked to calculate measures of central tendency, dispersion, and outliers for two datasets - one on miles per gallon for SUVs and sedans, and another on cost per ounce of chocolate bars. They are also instructed to compare the results between vehicle types and draw conclusions about the cost of chocolate bars based on the statistical analysis.

Uploaded by

Emmanuelle Maza
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Fin3154 (Statistical Analysis w/Software Application)

First Semester, AY 2020-2021

Formative Assessment Task 3

General Direction: Write all your answers in separate sheet of paper.

1. For each set of data: Compute the following:


a.) mean, median, and mode.
b.) Compute the variance, standard deviation, range, coefficient of variation.
c.) Compare the results of (a) through (b) to the miles per gallon of 2020 small SUVs from
those 2020 family sedans.
Data Set 1: The file contains the overall miles per gallon (MPG) of 2020 small SUVs:

Data Set 2: The file contains the overall miles per gallon (MPG) of 2020 family sedans:

2. The file contains the cost per ounce ($) for a sample of 14 dark chocolate bars:

a. Compute the mean, median, and mode.


b. Compute the variance, standard deviation, range, coefficient of variation. Are there any
outliers? Explain.
c. Based on the results of (a) through (b), what conclusions can you reach concerning the cost of
dark chocolate bars?

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