Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
The box plot displays the diversity of data for the income; the data ranges from 20 being the minimum value and 1110 being the maximum value. The box plot is positively skewed at 4.27 as the whisker at the top of the box is longer than the whisker at the bottom of the box, thus showing that there are more values at the top end of the box. The lower quartile is basically the 25th percentile which is 100; the median is the 50th percentile which is 120 and the upper quartile is 75th percentile which is 160.
In relation to extreme data for income there are 58 outliers which have been identified on the box plot which deviate significantly from the rest of the distribution of the data:
Outlier Value
Rows
1110
448
630
757
460
1200
450
1344
430
657
420
1379, 1416
400
1032
360
92, 1225
350
1187, 340, 1193
340
350, 56, 748, 1009
330
898, 903, 1170, 1191, 1143
320
121, 1188, 694, 373
310
345, 775
300
449, 974, 781, 872
290
176, 281, 1385
280
1247, 1171, 997, 485, 222, 181, 165
270
1413, 799, 80, 614, 1042, 1299
260
9, 23, 163, 260, 481, 674, 1210, 1322, 1370,1517
Discriminant analysis (DA) helps to determine which variables discriminate between two or more naturally occurring groups. Mathematically equivalent to MANOVA, it ' is extensively
Geometric Mean The geometric mean of numbers is defined as the th root of the product of numbers .It is obtained by multiplying all the values of a variable and then extracti
Admissibility A very common concept which is applicable to any procedure of the statistical inference. The underlying notion is that the procedure/method is admissible if and o
The 4 assumptions of regression: 1. Variables are normally distributed 2. Linear relationship between the independent and dependent variables 3. Homosced
Question: A car was machine washes each car in 5 minutes exactly. It has been estimated that customers will arrive according to a Poisson distribution at an average of 8 per hour.
The data used is from a statistical software Minitab; London.MPJ is the file that consists of 1519 households drawn from 1980 - 1982 British Family Expenditure Surveys. Data that i
Explain the characteristics of business forecasting.
We are interested in assessing the effects of temperature (low, medium, and high) and technical configuration on the amount of waste output for a manufacturing plant. Suppose that
Statistical Keys To do statistical operations we must first set the calculator on SD mode [SD stands for "standard deviation" which is the usual st
Definition of Central Tendency The central tendency of a variable means a typical value around which other values tend to concentrate which can be measured. Such concentration
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd