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The weekly sales from a sample of ten a computer stores yielded a mean of $25,90

ID: 3201293 • Letter: T

Question

The weekly sales from a sample of ten a computer stores yielded a mean of $25,900; a median $25,000 and a mode of $24,500. The shape of the distribution is negatively skewed For the median (measure of central tendency), the data must be ranked before it possible to determine it. If the sum of all the values of a distribution is divided by the number of values, the result the arithmetic mean. and (i) are correct statements but not and (ii) are all false statements (i), and (ii) are all correct statements and (iii) are correct statements, but not (i). and are correct statements but not (ii).

Explanation / Answer

Result:

Option 4: II and III are correct statements but not I.

Option I is wrong because mean > median shows the data is positively skewed.

Option II is correct, Sort or rank the data to find median.

Option III is correct, sum of the values divided by sample size is mean.