[See] (10pts): The total oil recovered from 64 wells is given in the data set ex01_046 from the attached Excel format (zip archive). This distribution is
Question: (10pts):
The total oil recovered from 64 wells is given in the data set ex01_046 from the attached Excel format (zip archive). This distribution is clearly right skewed. Use Excel’s Data Analysis Toolpak – Descriptive Statistics-, to answer the following:
- (5pts) Find the mean and median of the amounts recovered. Explain how the relationship between the mean and the median reflects the shape of the distribution.
- (5pts) Give the 5-number summary.
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Solution: The downloadable solution consists of 5 pages
Deliverable: Word Document 