company.
a. Determine the average age for the sample.
b. Compute the variance.
c. Compute the standard deviation.
d. Compute the coefficient of variation.
27. Del Michaels had a successful morning, or so he thinks, selling 1300 surplus notebook
computers over the telephone to three commercial customers. The three customers were
not equally skillful at negotiating a low unit price. Customer A bought 600 computers for
$1252 each, B bought 300 units at $1310 each, and C bought 400 at $1375 each.
a. What is the average unit price at which Del sold the 1300 computers?
b. Del’s manager told Del he expected him to sell, by the end of the day, a total of
2500 surplus computers at an average price of $1312 each. What is the average
unit price at which Del must sell the remaining 1200 computers?
28. Missy Walters owns a mail-order business specializing in baby clothes. She is
considering offering her customers a discount on shipping charges based on the dollar-
amount of the mail order. Before Missy decides the discount policy, she needs a better
understanding of the dollar-amount distribution of the mail orders she receives. Missy
had an assistant randomly select 50 recent orders and record the value, to the nearest
dollar, of each order as shown below.
a. Determine the mean, median, and mode for this data set.
b. Determine the 80th percentile.