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Imagine that a sample of 400 rental units shows that (i) the distribution of rents paid per month is not described by a normal distribution, (ii) that the mean rent of the sampl
Suppose that an individual has unearned income of $V and can choose how many hours she works per week at a wage of $w per hour. Assume that she has a total of 110 hours of time to
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MEASURES OF CENTRAL TENDENCY: 1) What do you mean by the term "Statistics"? Also state the importance of statistics. 2) What is the difference between mean, median and mode
what is the role of statistics in other sciences?
formula for calculating paasches quantity index
Q. Example of inference? Ans. Thirty students from a college were surveyed and classified according to two variables: (1) gender (M/F) and (2) major (liberal arts, busines
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