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2009-10-15
i. Mean
ii.Mode
iii. Median

iv. Variance
v.Skewness

vi. Kurtosis
vii.Coefficient of Variation


e.Interpret your Skewness and Kurtosis.

f.Use Microsoft Excel and SPSS to find the answers for part (d) and compare themwith your manual solutions.

2.
An auto insurance company reported thefollowing information regarding the ages of a driver and the number ofaccidents reported last month.



Age

Accidents



16
4




24
3



18
6



17
8



23
2



36
5



48
1



a. Draw the scatter diagram for the age and thenumber of accidents.

b. Manually(do not use any computer) calculate the covariance and the coefficientcorrelation between the age and the number of accidents. Write a brief comment.

c.Use Excel to part (b) and compare it with your manual solution.
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