State whether you would use the mean or the median

Assignment Help Basic Statistics
Reference no: EM131341811

For the following distributions, state whether you would use the mean or the median to represent the central tendency of the distribution. Explain why.
a. 2, 3, 8, 5, 7, 8
b. 10, 12, 15, 13, 19, 22
c. 1.2, 0.8, 1.1, 0.6, 25

Reference no: EM131341811

Questions Cloud

Using the constant percentage method : A manufacturer buys a machine for 20,000. The manufacturer estimates that the machine will last 15 years. It will be depreciated using the constant percentage method with an annual depreciation rate of 20%. At the end of each year, the manufacturer d..
The second month of the constant amortization loan : What is the first month’s interest expense for a 30 year, 4% fixed rate, constant payment loan with an initial contract principal of $200,000? What is it if it is a constant amortization loan? What is the principal paid down in the first month of the..
Describe the style and how you will apply it to future group : What group cohesion strategies will you apply in future team work? Describe these strategies and how they strengthen group work. What is your own decision-making style? Describe this style and how you will apply it to future group work.
Average returns equal to stock expected rate of return : Spencer Supplies's stock is currently selling for $60 per share. The firm is expected to earn $5.40 per share this year and to pay a year-end dividend of $2.20. If investors require a 9% return, what rate of growth must be expected for Spencer? If Sp..
State whether you would use the mean or the median : For the given distributions, state whether you would use the mean or the median to represent the central tendency of the distribution. Explain why.
What the potential consequences of these facts are to derek : Derek Delaney of DD Law has acted for Jack for a number of years, mainly in the sale and purchase of investment properties. Summarise using authority, what the potential consequences of these facts are to Derek
Determine whether the distribution is symmetrical : Given the following values of central tendency for each distribution, determine whether the distribution is symmetrical, positively skewed, or negatively skewed:
Write an essay called two ways of seeing a river by twain : Write an essay called "two ways of seeing a river" by Twain. I want you to read it and write a personal response essay. it will be 2 page.
What is the geometric average return for period : A stock produced annual rates of return of 12.1 percent, −15.9 percent, 13 percent, and 16.2 percent over the past 4 years, respectively. What is the geometric average return for this period?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Wilcoxon rank-sum test

Suppose there are two samples of size 6 and 7, with a rank sum of 58 in the sample of size 6. Using the Wilcoxon rank-sum test, evaluate the significance of the results, assuming there are no ties.

  Indentify state space and draw transition rate diagram

Under what situations on lambda1 and lambda2 will this system have the steady state distribution? Describe your answer.

  Comparing outcomes of two datasets

You obtain the data shown below for 30 girls with anorexia who were treated with psychodynamic therapy. Using the data below and the data above compare the outcomes for CBT and psychodynamic therapy.

  Say a random variable x is drawn uniformly from between 0

say a random variable x is drawn uniformly from between 0 and 1. say that y sin2pix. what is the covariance between x

  A study of fill volumes is conducted at a food canning

a study of fill volumes is conducted at a food canning factory to determine the level of consistency between the two

  Which of the following are determinants of a sample size

which of the following are determinants of a sample size for a clinical research trial?a. alpha type 1 errorb. the

  Develop a formulation of linear programming to identify the

a company excavates gold and silver from 2 different mines. each hour that the company operates in mine 1 produces 2 kg

  Testing for population meanthe average fee charged by a

testing for population mean.the average fee charged by a large accounting firm to prepare an individual income tax

  Draw a histogram of data

Draw a histogram of this data. Be sure to give labeled scales. Use the given table and/or the histogram to answer the following questions:

  If on average 10 passengers who have booked fail to turn up

overbooking of passengers on intercontincontinental flights is como practice among airlines. aircraft which are capable

  Scores are obtained on the subjects both before and after

question a researcher wants to conduct a beforeafter study on 15 subjects to determine if a treatment results in any

  Perform one-tailed test-test statisitc and degree of freedom

If we assume that the monthly rents for apartments on the east side are normally distributed, is there enough evidence to conclude, at the .05 level of significance, that is less than $675?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd