Compute the mean and standard deviation of the year


Assignment:

The following dtables provide information about the top women-owned businesses in the U.S. The first table gives year 2000 revenue in millions of dollars and number of employees for Pennsylvania women-owned companies with year 2000 revenues of $70 million or higher. The second table gibes the same information for Michigan women-owned companies with year 2000 revenues of $70 million or higher.

Pennsylvania compa 2000 revenue ($ million) number of employees

84 lumber                       2000       4400
Charming shoppes           1600      12000
Rodale                             500        1300
Mothers work                  366.3       3800
Harmelin media                200         105
Wetherill associates           135         500
Hanna holdings                 73.7       1284

Michigan companies 2000 revenue ($million) number of employees

Ilitch holdings                   800           700
Plastech engineer             420          3500
Jerome-duncan ford         350            300
Elder ford                       287.6          108
Patsy Lou                        221            240
Mexican ind                     174           1463
Rush trucking                   153           2000
jaguar-saab                     143            134
manpower metro              118            250
continental plastic             107            650
leco                                  82             800
rodgers chevrolet              75               80
strategic staffing                75             600
two men & a truck              75              40
systrand manu                   72             230

Question 1. use a calculator or computer to compute the mean and standard deviation of the year 2000 revenue for the Pennsylvania companies in the first table.

Question 2. use a calculation or computer to compute the mean and standard deviation of the year 2000 revenue for the Michigan companies in the second table.

Question 3. explain what the values you calculatwd in parts a and b of this exploration tell you about the data sets.

Question 4. how would the mean and standard deviation change if the largest data value in each set were removed?

Question 5. find the mean and the standard deviation of the number of employees for the Pennsylvania companies in the first table.

Question 6. find the mean and the standard deviation of the number of employees for the Michigan companies in the second table and compare to your results in part e of the exploration.

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Basic Statistics: Compute the mean and standard deviation of the year
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