Answer to Question #255351 in Economics for Neil

Question #255351
Statistics Q. The number of calls received per hour at a call centre by a sample of different operators are given below: 5,4,7,6,8,10,11,0,7,18 1. Find the arithmetic mean and median and standard deviation. 2. If the last observation is 28 instead of 18, how will the mean and median change? 3. Calculate a 15% trimmed mean
1
Expert's answer
2021-10-24T18:13:18-0400

1 arithmetic mean: "(5+4+7+6+8+10+11+0+7+18+1)\/11=7"

median: 7; standard deviation:  "\\sqrt{\\frac{(0-11)^2+(1-11)^2+(4-11)^2+(5-11)^2+(6-11)^2+(7-11)^2+(7-11)^2+(8-11)^2+(10-11)^2+(11-11)^2+(18-11)^2}{11-1}}=9"

2 arithmetic mean: "(5+4+7+6+8+10+11+0+7+28+1)\/11=7.9"

median: 7

3 "k=11*0.15=1.65" ; "R=11-2*1.65=7.7"

trimmed mean: "\\frac{1}{7.7}*(1*0.65+4+5+6+7+7+8+10+11*0.65)=7.12"


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