A company is reviewing the database of customer purchases over the past 3 years.Using descriptive statistics on this large data set, a business analyst found the following values. $$\begin{array} { | l | l | l | l | l | l | l | l | }
\hline \text { Variable } & \text { Court } & \text { Mearl } & \text { MinirmurI } & \text { Ql } & \text { Mediar } & \text { Q3 } & \text { Maxirnuri } \
\hline \text { Purdhases } & 56,472 & 105.21 & 10.24 & 31.09 & 74.88 & 117.23 & 201.40 \
\hline
\end{array}$$ From this we can conclude that,
A)95% of these purchases are between $105.24 and $74.88
B)The distribution of these purchases is negatively skewed
C)More of these purchases had values less than $74.88 than above that amount
D)The distribution of these purchases is positively skewed
E)The distribution of these purchases is not skewed

Question

A company is reviewing the database of customer purchases over the past 3 years.Using descriptive statistics on this large data set, a business analyst found the following values. $$\begin{array} { | l | l | l | l | l | l | l | l | } 
\hline \text { Variable } & \text { Court } & \text { Mearl } & \text { MinirmurI } & \text { Ql } & \text { Mediar } & \text { Q3 } & \text { Maxirnuri } \
\hline \text { Purdhases } & 56,472 & 105.21 & 10.24 & 31.09 & 74.88 & 117.23 & 201.40 \
\hline
\end{array}$$ From this we can conclude that,
A)95% of these purchases are between $105.24 and $74.88
B)The distribution of these purchases is negatively skewed
C)More of these purchases had values less than $74.88 than above that amount
D)The distribution of these purchases is positively skewed
E)The distribution of these purchases is not skewed

Quizplus · Accepted Answer

The distribution is positively skewed because the mean (105.21) is greater than the median (74.88), indicating a longer tail on the right side of the distribution.

A Company Is Reviewing the Database of Customer Purchases Over