Statistics: 5 numbers summary
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A psychologist interested in political behavior measured the square footage of the desks in the official office of four US governors and of four chief executive officers (CEOs) of major US corporations. The figures for the governors were 44, 36, 52, and 40 square feet. The figures for the CEOs were 32, 60, 48, and 36 square feet.
a) Figure the mean and standard deviation for the governors and for the CEOs.
b) Explain what you have done to a person who has never had a course in statistics.
c) Note the ways in which the means and standard deviations differ and speculate on the possible meaning of these differences, presuming that they are representative of US governors and large corporations CEOs in general.
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Solution Summary
The expert finds the mean and standard deviations for several data.
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a) For Gov.: mean = 43, st dev. = 6.83
For CEO : mean = 44. st. dev. = 12.65
b) I computed the mean and the standard deviation of the footage squares for the 4 desks in ...
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