Homework-Lecture 3
Homework-Lecture 3
Homework-Lecture 3
Exercise 3.1: The dividend yields for 15 listed property trusts in Australia are
recorded as percentages below.
7.34; 7.53; 8.62; 7.56; 8.63; 7.75; 6.40; 8.72; 7.44; 6.00; 8.35; 6.84; 7.43; 7.77; 8.92
d) Find the median of the 15 yields, and locate the mean and the median on your
histogram.
50; 64; 32; 55; 41; 44; 24; 46; 58; 47; 36; 52; 54;
44; 66; 47; 59; 51; 61; 57; 49; 28; 42; 38; 45
Exercise 3.3: The number of items returned to a leading Brisbane retailer by its
customers were recorded for the last 25 days and are as follows:
21; 18; 6; 12; 24; 8; 19; 21; 16; 6; 17; 14; 25;
16; 21; 22; 17; 19; 10; 20; 19; 11; 9; 29; 25
a) Draw a frequency distribution for these data. Use five class intervals, with the
lower boundary of the first class being 5 days.
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b) Draw a relative frequency histogram for these data.
c) What is the relationship between the areas under the histogram you have drawn
and the relative frequencies of the observations?
d) Find the sample mean, the median, the mode, the sample variance and the sample
standard deviation for these data.
f) Does it appear that the population from which this sample was taken has a mound-
shaped distribution?
g) Compare the actual proportion of items falling into the intervals x̄ ∓ s and x̄ ∓ 2s
with the proportion suggested by the empirical rule.