Calculating measures of central tendency and dispersion

In a recent survey of small bakeries in the Southeast, 10 bakeries report the following number of employees: 15, 14, 12, 19, 13, 14, 15, 18, 13, 19.

Find the mean, median, variance and standard deviation.

© SolutionLibrary Inc. solutionlibary.com 9836dcf9d7 https://solutionlibrary.com/statistics/descriptive-statistics/calculating-measures-of-central-tendency-and-dispersion-395

Solution Preview

...19, 19

The median is the middle term. In the above, since there are 10 terms, we take the 5th and 6th terms, sum them up and then divide the answer by 2:

Median = (14 + 15)/2
= 14.5

The ...