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You, as an owner of an insurance company have been worried about the increasing age of your policy holder base. You want to determine if the new advertising campaign has had the desired effect of attracting more younger customers. You have taken a sample of ten new policies and have found the following ages:

32 22 24 27 27 33 28 23 24 21

a) Determine the mean, median and mode of those data. Make sure you show your hand computeed work

b) Is there any indication from this group of data that the new policy holder may lean toward younger ages?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M9396800

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