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Answer these parts to Objective number A

2. What is the single most important advantage of the median asa measure of location?

A. not affected by extreme outliers

B. statistically efficient

C. don’t have to know all individual values in order tocalculate it

D. always an observable value

E. more than one of the above

3. The Graco Distribution Center in Rogers MN has automatedstorage/retrieval lanes for much of their inventory. An audit ofinventory is conducted weekly for inventory counts. The results fora random sample of 8 inventory counts found the following number ofinventory discrepancies; 9, 67, 19, 8, 18, 8, 15, 8. Based on thedata, which measure of variability would you place most weighton?
A. median
B. InterQuartile Range
C. standard deviation
D. range

E. coefficient of variation

4. The Graco Distribution Center in Rogers MN has automatedstorage/retrieval lanes for much of their inventory. An audit ofinventory is conducted weekly for inventory counts. The results fora random sample of 8 inventory counts found the following number ofinventory discrepancies;   9, 67, 19, 8, 18, 8, 15, 8.Find the median.
A. 8
B. 12
C. 18
D. 37.5

E. none of the above

5. The Graco Distribution Center in Rogers MN has automatedstorage/retrieval lanes for much of their inventory. An audit ofinventory is conducted weekly for inventory counts. The results fora random sample of 8 inventory counts found the following number ofinventory discrepancies;   9, 67, 19, 8, 18, 8, 15, 8.Find the standard deviation.
A. 18.00
B. 397.71
C. 24.50
D. 19.94

E. none of the above

1. Edina Reality is interested in drawing comparison on pricevariations between two neighborhoods Woodbury and Cottage Grove.Woodbury has x-bar of 120,000$ and a sample standard deviation of2000$. Cottage grove has x-bar of 900,000$ and sample standarddeviation of 10,000$. Which neighborhood has higher relativevariability?

1. Woodbury has higher relative variability as compared to CottageGrove.
2. Cottage Grove has higher relative variability as compared toWoodbury.
3. Both neighborhoods have same variability.
4. Cannot decide based on given information.