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You are a psychologist who has collected the subjective well-being scores of a number of elderly people aged 90 or above who are residents of an independent living facility or who are still living independently in their homes.
A. For each group calculates the values listed below:
a. Mean
b. Median
c. Mode
d. Range
e. Variance (for describing the data)
f. Standard deviation (for describing the data)
g. The unbiased estimate of the variance
h. The unbiased estimate of the standard deviation
B. Which data set has a mean that is more representative of the data? Why
Independent Living Facility At Home
70 60
88 70
70 70
70 75
71 72
80 68
Definition of business valuation to determine the stock price of an entity. Business valuation is the value or price where a unit would be purchased at a given point in time. Usual
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