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Question 1- Search the Internet and the articles database in the library for a real-life example of correlation. For a hint, type the word "Correlation" followed by a topic of interest to you. Carefully review the search item. Prepare a summary with highlights of the review item and your own comments.
Question 2- outliers tell the story about the sample and statistical analysis. They tell about the process or sample deviation, therefore indicating possible measurement error or that population has a heavy-tailed distribution. what are some of the causes that contribute to creation of outliers?
Question 3- Discuss the importance of the independent variable in Linear Regression. What happens when the independent variable is not a good predictor?
Evaluate the correlation coefficient.
Calculate the expected value, variance, and standard deviation of the total income
Find a statistics study on Unemployment and explain the five-step process of the study.
Identify sample, population, sampling frame (if applicable), and response rate (if applicable). Describe sampling technique (if applicable) or experimental design
Evaluate the expected value of the total number of sales
Calculate the maximum reduction in the standard deviation
Calculate the correlation coefficient
Find the probability of given case.
Filtering and Summarizing Data
Binomial probability distribution
The researchers used the available survey data and summarised the nature of the car accidents and if a mobile phone was being used by the driver either during (or immediately before) the accident
Find out about your company's forecasting system
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