Tutorial 2 Ques 9-10

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9.

The file SUV contains the overall miles per gallon (MPG) of 2010 small SUV

24 23 22 21 22 22 18
26 26 19 19 19 21 21
21 18 19 21 22 22 16

Use statistical software to solve this question.

a) List the five-number summary


Xsmallest = 16 (Q1-Min) Bottom whisker 3
Q1= 19 (Max-Q3) top whisker 4
Q2= 21
Q3= 22
Xlargest= 26

b) Construct a boxplot and describe its shape.

Boxplot

17.5 18 18.5 19 19.5 20 20.5 21 21.5 22 22.5


18 26
21 21
16

The shape is slightly right skewness .


10. In New York State, savings banks are permitted to sell a form of life insurance called
savings bank life insurance (SBLI). The approval process consists of underwriting,
which includes a review of the application, a medical information bureau check,
possible requests for additional medical information and medical exams, and a policy
compilation stage, during which the policy pages are generated and sent to the bank for
delivery. The ability to deliver approved policies to customers in a timely manner is
critical to the profitability of this service to the bank. During a period of one month, a
random sample of 27 approved policies was selected, and the following were the total
processing times (stored in Insurance):

73 19 16 64 28 28 31
45 48 17 17 17 91 92

Use statistical software to solve this problem.


a) Obtain the summary measures such as mean, median, mode, range, variance, standard deviation for the sample data
Mean = 43.88888889
Median= 45
Mode= 17
Range= 92 16
76
Variance 639.2564103
Standard deviation = 25.28352053

b) What does the value of skewness indicate?


0.517267531 Right skewness >0

c) Construct a boxplot. Are the data skewed? If so, how?


Xsmallest 16
Q1 18 Bottom whisker 2
Q2 45 top whisker 29
Q3 63
Xlargest 92

Boxplot

0 10 20 30 40 50 60 70
0 10 20 30 40 50 60 70

d) The mean approval process takes 43.89 days with 50% of the policies being approved in less than
45 days, 50% of the application are approved between 18 and 63 days. About 67% applications are
approved between 18.6 to 69.2 days.
called

licy
nk for
s
h, a
total

90 60 56 31 56 22 18
63 50 51 69 16 17

deviation for the sample data

Yes, Because the Xlargest-Median is greater than Xsmallest-median. Therefore, there is right skewed.
/ The distribution is skewed to the right because there are a few policies that require an
exceptionally long period to be approved even though the mean is smaller than the median.

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