index number, Applied Statistics

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"index number is an economic barometer" comment on this statement


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Calculation for Continuous Series or Grouped Data = where, m = mid-point of class   =

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The amounts of money won by the top ten finishers in a famous car race are listed below. $1,172,246    $163,659    $440,584    $350,634     $290,596 $186,731    $145,809     $143,2

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In an agricultural experiment, we wish to compare the yields of three different varieties of wheat. Call these varieties A, B and C. We have a ?eld that has been marked into a 3 *

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Explanation of standard deviation and variance Describe the importance of standard deviation and variance, what they calculate and why they are required. Importance of char

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Meaning of Interpolation and Extrapolation Interpolation is a method of estimating the most probable  missing figure on  the basis of given data under certain assumptions. On t

Correlation, Correlation The correlation is commonly used and a useful...

Correlation The correlation is commonly used and a useful statistic used to describe the degree of the relationships between two or more variables. Pearson's correlation refle

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