The percentage of mortgage loan applications Stem Leaves that were denied in one

Question

The percentage of mortgage loan applications Stem Leaves that were denied in one year is summarized by company in the following stem and leaf plot. Complete parts (a) and (b) below. 1 13 2 0001 2 233333 5 2 5556 2 77 (Units: 312-3296) (a) Describe the shape of the distribution. Choose the correct answer below. O A. The distribution is normal. O B. The distribution is right skewed. ° C. The distribution is bimodal. O D. The distribution is left skewed (b) Find the median percentage. % (Round to one decimal place as needed.) Click to select your answer(s)

Explanation / Answer

a) There is total 32 percentages are given in above steam and leaf chart.

From this chart we can say that, the distribution is right skewed.

b)Since there are even number of observations, median is average of middle two values. Here middle two values are 16th and 17th values which are 22 and 23

Median = (22 + 23)/ 2 = 45/2 = 22.5

Median = 22.5%

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