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After Jasmine viewed this data, she said quot;This data is very symmetrical: the mean and median are virtually the same value.
- After Jasmine viewed this data, she said "This data is very symmetrical: the mean and median are virtually the same value." Clearly state why you do or why you don't agree with Jasmine's statement.
- Jasmine continues... "I'm a little confused though. Since a symmetrical data set should follow the empirical rule, why doesn't the mean of $0.85 divided by the standard deviation of $0.13 equal an exact 3?" Clearly state a thorough answer to Jasmine's question.
Cost per gourmet cookie ($)
Z-scores
0.54
Count
8
Skewness
-0.31784
-2.453674623
1.00
Mean
0.8525
Skewness Standard Error
0.65134
1.158134422
0.94
Mean LCL
0.74602
Kurtosis
1.76344
0.687028894
0.87
Mean UCL
0.95898
Kurtosis Standard Error
0.90666
0.137405779
0.88
Variance
0.01622
Skewness (Fisher's)
-0.39642
0.215923367
0.74
Standard Deviation
0.12736
Kurtosis (Fisher's)
-1.19677
-0.883322864
0.65
Mean Standard Error
0.04503
Coefficient of Variation
0.1494
-1.589981156
0.75
Minimum
0.65
Mean Deviation
0.10438
-0.804805276
0.99
Maximum
1.
Second Moment
0.01419
1.079616834
Range
0.35
Third Moment
-0.00054
Sum
6.82
Fourth Moment
0.00036
Sum Standard Error
0.36024
Median
0.875
Total Sum Squares
5.9276
Median Error
0.01995
Adjusted Sum Squares
0.11355
Percentile 25% (Q1)
0.75
Geometric Mean
0.84381
Percentile 75% (Q3)
0.99
Harmonic Mean
0.83482
IQR
0.24
Mode
#N/A
MAD (Median Absolute Deviation)
0.12