An entrepreneur faces many bureaucratic and legal hurdles when starting a new business. The World Bank collects information about starting businesses throughout the world. They have determined the time, in days, to complete all of the procedures required to start a business. The data for business start time, in days, for a sample of 24 countries is given. Data Set
13 66 36 12 8 27 6 7 5 7 52 48
15 7 12 94 28 5 13 60 5 5 18 18
The total for the given data is 567 days.
Later, we realize that we had not included the data for the South American country of Suriname in the sample. The start time for Suriname is 694 days.
a) What is the mean of the sample data including the country of Suriname? Give your answer to two decimal place.
b) Find the median time to start a business for 24 countries in our data set:
c) Which measure do you prefer for describing the center of this distribution? Explain your answer.
d) Compute the quartiles (Q1, Q2, Q3), and find the IQR for these data. Are there outliers in the time to start a business data set? If so, identify and name any outliers.
e) Compute the standard deviation of time to start a business for 24 countries in the data set:
f) Which measure do you prefer for describing the spread of this distribution? Explain your answer.
g) Make a boxplot for these data and explain & describe the distribution using only the information in the boxplot.

Answer:

Kindly check explanation

Step-by-step explanation:

Given the data :

Rearranged data:

5, 5, 5, 5, 6, 7, 7, 7, 8, 12, 12, 13, 13, 15, 18, 18, 27, 28, 36, 48, 52, 60, 66, 94

Start time for Suriname = 694

Mean = ΣX / n

Mean = (567 + 694) / (24 + 1) = 1261 / 25 = 50.44

B.) median start Time for initial 24 values

0.5(n+1)th term

0.5(25) = 12.5th term

(13 + 13) / 2 = 13

C.) preferred measure of center for the distribution will be the median as it shapes well in the middle of the distribution. The mean is overestimated

d) Compute the quartiles (Q1, Q2, Q3), and find the IQR for these data. Are there outliers in the time to start a business data set? If so, identify and name any outliers.

Using calculator :

Lower quartile Q1 --> 7

Median Q2 --> 13

Upper quartile Q3 --> 42

IQR = (Q3 - Q1) = 42 - 7 = 35

OUTLIER:

Lower bound : Q1 - 1.5(IQR) ; 7 - 1.5(35) = - 45.5

Upper bound : Q3 + 1.5(IQR) = 42 + 1.5(35) = 94.5

Outlier : values below - 45.5 and above 94.5

Hence, Surimanes start time is the only Outlier.

e)

Standard deviation for 24 countries :

Standard deviation = sqrt[Σ(X - mean)^2 / (N - 1)]

Usibg calculator :

Standard deviation for the 24 countries is 23.83

f)

Standard deviation

will give brainliest! please helppp
1. Solve for m A. 150
B. 105
C. 90
D. 75

2. If AD = 3x + 18, AB = 5x + 10, and BC = 12x + 2, what is BC?
A. 19.5
B. 50
C. 30
D. 15.7

3. Which of the following statements is a property of quadrilaterals?
A. Quadrilaterals have 4 corners called vertices.
B. Quadrilaterals have 3 dimensions.
C. Quadrilaterals have 4 curved edges.
D. Quadrilaterals have 4 curved sides.

4. Classify the quadrilateral below.
A. Kite
B. Rectangle
C. Rhombus
D. Trapezoid

Thank you!

Find the obtuse, isosceles triangle

Dylan paid $3.50 for 12 folders. How much would he pay for 30 folders?

On a coordinate grid, point A is at (−2.0, −3.4) and point B is at (2.0, −3.4). Point B is a reflection of point A across the
–axis. Input either a lowercase x or y.

Taliyah plans to borrow $4500 from the bank to purchase a used vehicle. If she borrows the money at a rate of 4% simple interest for 2 years, what is the total amount she will have to pay back to the bank

PLS HELP IM STUCK I HAVE KARATE TO WAAAAAAAAAAAAAAAAAAAA LP WHATS THE BLANK

Ground beef is on sale for $3.05 per pound. Gretel buys 80 ounces of ground beef. How much does she owe the butcher?

Based on the following data, would Beth and Roger Simmons receive a refund or owe additional taxes.

if you saved your 76$ monthly allowance for 3 years, how much money would you have?

Solid A is dilated using a scale factor of 2⁄5, resulting in Solid B. Solid B is also dilated using a scale factor of 2⁄5, resulting in Solid C. If the volume of Solid B is 72 km^3, what is the volume of Solid A and Solid C?

A man needed to sell a car. He priced it at $3,500 the first day. The second day he reduced the price by 15%. What was the price of the car after this reduction?

A.
$3,150.00

B.
$2,528.75

C.
$2,975.00

D.
$4,025.00

Andy works at a grocery store. The manager of the store would like Andy to set up a display of apples. Part of the display will include bags of apples. If there are 39 pounds of apples in the back of the store, how many bags of apples can Andy make for the display?

A compound inequality is graphed, and its graph consists of all real numbers.

Which open sentence could have resulted in this solution set?


A. r < 3 or r > –2


B. r > 3 or r > –2


C. r < 3 or r < –2


D. r > 3 or r < –2

5. Solve the inequality for n: 4n+2(n+1)>n+52

Examine the worked problem and solve the equation​

The average annual salary for a teacher national is $58,350 this is projected to increase 2% per year for the next four years what will your projected annual salary be in four years

Can you help me with this question?​

Your town has seen a steady decrease of job opportunities by the amount of 10% every year. If the number of jobs available at the end of last year was estimated at 350,000, then how many jobs will there be by the end of the following year? a. 45,000 c. 35,000 b. 385,000 d. 315,000 Please select the best answer from the choices provided A B C D

Help please and thanks

According to the 2006 Uniform Crime Report (UCR), the state of Delaware had a population of 853,476 and 5,817 violent crimes. Compute the violent crime rate per 100,000 persons and interpret your result.

Is a b c or d?

(Please explain)

What is the perimeter of the shaded figure?

Andrew wrote a short story book in 7 days. The book has 47 pages. How many pages did he write each day? Show your work.​

(x^b-c)^1÷bc×(x^c-a)^1÷ac×(x^a-b)^1÷ab​

I need help what is the simplest form for the number 10 6/9?

Please help me I need this I need a good grade or my mom spank me.

4 wholes and 3/8 - 2 wholes and 1/8. Those are the problems. Help me answer them please.

Car repairs: Let be the event that a new car requires engine work under warranty and let be the event that the car requires transmission work under warranty. Suppose that ,P(E) = 0.10 , P(T) = 0.02 and P(E,T) = 0.01 .
(a) Find the probability that the car needs work on either the engine, the transmission, or both.
(b) Find the probability that the car needs no work on the engine.

PLZ HURRY IT'S URGENT!!!
Identify the zeros of the quadratic function.
x=1 and x= -3
x= -1 and x=3
y= -1 and y= -3
y= -1 and y=3

write an equivalent expression for z to the power of 8​