Categories: Uncategorized

Statistics

For any distribution, there are an equal number of values above and below the mean. Do you agree?

Coefficient of variation CV = SD /mean *100

= 10/40*100 = 25%

Range by use of Thumb Range Rule = 4*SD =4*10=40
Can you explain these numbers? What do they mean?

According to the Empirical rule, about 95% of the observations lie within plus and minus 2.00 standard deviations – do you agree? If yes, can you find this range of values using the given metrics?

Correlation is the statistical relationship between two variables and can be expressed differently, such as in graphs. What do you mean by this statement? How will you interpret the correlation coefficient -0.854? Is it a strong correlation?

Please include references. Also make sure your responses are detailed and substantive.

Essay Mill

Share
Published by
Essay Mill

Recent Posts

Childbirth

For this short paper activity, you will learn about the three delays model, which explains…

9 months ago

Literature

 This is a short essay that compares a common theme or motif in two works…

9 months ago

Hospital Adult Medical Surgical Collaboration Area

Topic : Hospital adult medical surgical collaboration area a. Current Menu Analysis (5 points/5%) Analyze…

9 months ago

Predictive and Qualitative Analysis Report

As a sales manager, you will use statistical methods to support actionable business decisions for Pastas R Us,…

9 months ago

Business Intelligence

Read the business intelligence articles: Getting to Know the World of Business Intelligence Business intelligence…

9 months ago

Alcohol Abuse

The behaviors of a population can put it at risk for specific health conditions. Studies…

9 months ago