The Following Data Represent the Number of Calories in 12

question 115

Essay

The following data represent the number of calories in 12 ounce cans of eight popular soft drinks:
124 144 147 146 148 154 150 234
a. Find the median.
______________
b. Find the sample mean.
______________
c. Based on the values in parts (a) and (b) above, are the measurements symmetric or skewed?
______________
Explain.
________________________________________________________

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Definitions:

Nationalization

The process by which a government takes control of a private industry, business, or assets and converts it into state ownership and operation.

Government Price Controls

Measures implemented by a government to regulate the price levels of commodities and services with the aim to maintain affordability, prevent inflation, or ensure a minimum income for producers.

Corruption

The misuse of government power, with which one has been entrusted or assigned, to obtain private gain; includes payments from individuals or companies to secure advantages in obtaining government contracts, avoiding government regulations, or obtaining inside knowledge about forthcoming policy changes.

Government Subsidized

Financial support provided by the government to organizations, industries, or individuals, often to encourage growth or support essential services.