Answered: of the dividend yields ($) for common…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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The following stem-and leaf display of the dividend yields ($) for common stocks

Stem-and-Leaf Display
N = 45 Leaf Unit = 1.0

5 2 33444
11 2 668899
(14) 3 00112223344444
9 3 56778899
12 4 0002344
5 4 66789

The table below is based on the Stem and leaf diagrams showing dividend yields ($) for
common stocks

Dividend Yielded ($) Frequency
20-24 5
25-29 6
30-34 14
35-39 x
40-44 7
45-49 5

i. Use the stem and leaf diagram in 3a) to determine the value of x.

ii. Using the table above to calculate
a) the sample mean of the dataset.
b) the mode of the dataset.
c) the sample variance of the dataset.

Definition Definition Measure of central tendency that is the value that occurs most frequently in a data set. A data set may have more than one mode if multiple categories repeat an equal number of times. For example, in a data set with five item—3, 5, 5, 29, 473—the mode is 5 because it occurs twice and no other value occurs more than once. On a histogram or bar chart, the element with the highest bar represents the mode. Therefore, the mode is sometimes considered the most popular option. The mode is useful for nominal or categorical data (e.g., the most common color car that users purchase), but it is problematic for continuous data because it is more likely not to have any value that is more frequent than the other.

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