The following ordered array (from left to right) depicts the amount of money (in dollars) withdrawn from a cash machine by 25 customers at a local bank:
40 50 50 70 70
80 80 90 100 100
100 100 100 100 110
110 120 120 130 140
140 150 160 160 200
Compute descriptive summary measures from the dataand determine which of the following sentences best describes the distribution.
A. The distribution is perfectly symmetrical
B. The distribution is slightly right-skewed
C. The distribution is slightly left-skewed
D. The distribution is highly asymmetrical
Please see the attached file.
D: is the best answer.
The following ordered array (from left to right) depicts the amount of money (in dollars) withdrawn from a cash machine by 25 customers at alocal bank:
40 50 50 70 70
80 80 90 100 …
This solution involves computing descriptive summary measures.