I need assistance with the problem below.
Thanks in advance!
The Chocolate Chip file contains the cost (in cents) per 1-ounce serving for a sample of 13 Choclate Chip Cookies.
The datais as follows (also see the attached file labelled chocolate chip cookies that is the only file needed)
54 22 25 23 36 43 7 43 25 47 24 45 44
1. Compute the mean, medianand mode
2. Compute the variance, standard deviation, range, coefficient of variation, and Z scores. Are there any outliers?
3. Is the data skewed? if so how?
4. Based on info in a-c, what conclusion can be drawn to determine cost of Chocolate Chip Cookies?
Thanks for your help.
The solution gives detailed steps on computing mean, median, mode, variance, standard deviation, range, coefficient of variation and Z scores and performing relevant analysis.