Data are collected on the fuel economy of 2001 model midsize cars. The informati
ID: 3439263 • Letter: D
Question
Data are collected on the fuel economy of 2001 model midsize cars. The information measured in average miles per gallon (MPG) is summarized below:
Descriptive Statistics: MPG
Variable
Total Count
Mean
StDev
Min
Q1
Median
Q3
Max
MPG
32
26.750
2.874
22.000
24.000
26.500
28.750
33.000
The government wants to impose a ‘gas saver tax incentive' on those vehicles that get a good gas mileage. What is smallest value for MPG if you want only 25% of the cars to have to receive this tax incentive?
Question 5 options:
A. 24.000 mpg
B. 28.750 mpg
C. 26.750 mpg
D. None of the above
Variable
Total Count
Mean
StDev
Min
Q1
Median
Q3
Max
MPG
32
26.750
2.874
22.000
24.000
26.500
28.750
33.000
Explanation / Answer
Answer : A. 24.000 mpg
Because 25% will lead to the first quartile value.
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