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To study the physical fitness of a sample of 28 people, the data below was collected representing the number of sit-ups that a person could do in one minute.
10 12 12 15 15 15 18 20 22 25 25 26 29 30 32 33 40 40 40 45 46 47 48 48 50 52 53 56
Determine the lower and upper fences. Are there any outliers according to this criterion
Year Production 2006 8 2007 6 2008 10 2009 12 2010 11 2011 15 2012 14 2013 16 Determine the trend from data given above?
Bill Clinton reportedly was paid $10 million to write his book My Way. The book took three years to write. In the time he spent writing, Clinton could have been paid to make speech
Explain the characteristics of business forecasting.
Cartogram or Mapograph: Statistical maps are also used to represent data like density of population indifferent states in the country or different countries in the world or th
The following are the various types of common averages used in statistical analysis given in the form of a chart. Figure 1
Consider a Cournot duopoly with two firms (firm 1 and firm 2) operating in a market with linear inverse Demand P(Q) = x Q where Q is the sum of the quantities produced by both
i need to solve couple questions on a data set ?
Root Mean Square Deviation The standard deviation is also called the ROOT MEAN SQUARE DEVIATION. This is because it is the ROOT (Step 4) of the MEAN (Step 3) o
In PCA the eigknvalues must ultimately account for all of the variance. There is no probability,'no hypothesis, no test because strictly speaking PCA is not a statistical procedure
To study the physical fitness of a sample of 28 people, the data below was collected representing the number of sit-ups that a person could do in one minute. 10 12
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