Please show me step by step on how to solve this question an
*****Please show me step by step on how to solve this question and answers. Thank you.*****
Missy Walters owns a mail-order business specializing in baby clothes. She is considering offering her customers a discount on shipping charges based on the dollar-amount of the mail order. Before Missy decides the discount policy, she needs a better understanding of the dollar-amount distribution of the mail orders she receives. Missy had an assistant randomly select 50 recent orders and record the value, to the nearest dollar, of each order as shown below.
 
 136 281 226 123 178 445 231 389 196 175
 211 162 212 241 182 290 434 167 246 338
 194 242 368 258 323 196 183 209 198 212
 277 348 173 409 264 237 490 222 472 248
 231 154 166 214 311 141 159 362 189 260
 
 a. Determine the mean, median, and mode for this data set.
 b. Determine the 80th percentile.
 c. Determine the first quartile.
 d. Determine the range and interquartile range.
 e. Determine the sample variance, sample standard deviation, and coefficient of variation.
 f. Determine and interpret the z-scores for the minimum and maximum values in the data set.
Solution
Ordering the data from smallest to largest,
123
 136
 141
 154
 159
 162
 166
 167
 173
 175
 178
 182
 183
 189
 194
 196
 196
 198
 209
 211
 212
 212
 214
 222
 226
 231
 231
 237
 241
 242
 246
 248
 258
 260
 264
 277
 281
 290
 311
 323
 338
 348
 362
 368
 389
 409
 434
 445
 472
 490
a)
Mean = Sum(x) / N = 251.46
 Median = (25th term + 26th term)/2 = (226+231)/2 = 228.5
 Mode = most number of occurrences = 196 [answer]
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As 80% of 50 = 40, then the 80th percentile = 41st term (40 terms must be lower than it)
b) 80th percentile = 41st term = 323 [answer]
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c) Q1 = median of lower half = 13th term = 183
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d)
Range= max - min = 490 - 123 = 367 [answer]
Q3 = median of upper half = 38th term = 290
Thus,
IQR = Q3 - Q1 = 290 - 183 = 107 [answer]
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