Diversity of data , Applied Statistics

Assignment Help:

The box plot displays the diversity of data for the totexp; the data ranges from 30 being the minimum value and 390 being the maximum value. The box plot is positively skewed at 1.87 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 70; the median is the 50th percentile which is 90 and the upper quartile is 75th percentile which is 120.

1388_box plot1.png

In relation to extreme data for totexp there are 47 outliers which have been identified on the box plot which deviate significantly from the rest of the distribution of the data:     

Outlier Value

Rows

200

457, 853, 1035, 1042, 1110, 1404, 1443

210

82, 565, 694, 1088, 1249, 1411, 1491

220

182, 657, 1451

230

97, 155, 476, 980

240

1145, 1300, 1435

250

386, 970, 995, 1285

260

680, 845, 1350

270

449, 1299, 1385, 1508

280

56, 1009

290

315, 1225

300

755

310

80

320

482, 1415

330

1198

360

77

390

1187


Related Discussions:- Diversity of data

Express the null hypothesis, Examine the given statement, then express the ...

Examine the given statement, then express the null hypothesis H0 and the alternative hypothesis H1 in symbolic form. The mean weight of women who won a beauty pageant is equal t

Statistics assignment, To compare three brands of computer keyboards, four ...

To compare three brands of computer keyboards, four data entry specialists were randomly selected. Each specialist used all three keyboards to enter the same kind of text material

Half of market share, Your company has developed a new product .Your compan...

Your company has developed a new product .Your company is a reputed company with 50% market share of same range of products. Your competitors also come with their new products equa

Transformation of data, PCA is a linear transformation that transforms the ...

PCA is a linear transformation that transforms the data to a new coordinate system such that the greatest variance by any projection of the data comes to lie on the first coordinat

Eliminate all of the insignificant variables, The file Midterm Data.xls ha...

The file Midterm Data.xls has a tab labeled "Many vs. S&P" which presents historical price data for several assets, a volatility condition (VIDX = 1 if the NYSE volatility is grea

Frequency distribution, Frequency distribution A frequency distribution...

Frequency distribution A frequency distribution is a series where a number of items with similar values are put in separate groups or bunches. In other words a frequency distri

Harmonic mean, The Harmonic Mean is based on the reciprocals of numbers ave...

The Harmonic Mean is based on the reciprocals of numbers averaged. It is defined as the reciprocal of the arithmetic mean of the reciprocal of the given individual observations. Th

Determine best estimates of the population mean and variance, Question: ...

Question: (a) A normal distribution is thought to have a mean of 50. A random sample of 100 gave a mean of 52.6 and a standard deviation of 14.5. A significance test was carri

Prediction, Differentiate between prediction, projection and forecasting.

Differentiate between prediction, projection and forecasting.

Write Your Message!

Captcha
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