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    business student

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    Central Measures Measures of central tendencies are nothing but the measures to describe the "central" values of a collected sample. For an ungrouped set of data these measures are: the mean‚ the median‚ and the mode. The Mean The arithmetic mean‚ or the simple mean‚ is computed by summing all numbers in an array of numbers (xi) and then dividing by the number of observations (N) in the array. ; the sum is over all i’s. The mean uses all of the observations‚ and each observation affects the

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    Descriptive statistics: Income ($1000)‚ Size (household)‚ Years‚ Credit Balance ($) Variable n Mean Median Mode Variance STDEV Range Q1 Minimum Q3 Maximum Income ($1000) 50 46.02 44.5 No unique 192.75469 13.883612 49 33 25

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    Fantastic Voyage

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    named Mary. We are going to start at the femoral vein and end up in her lungs. After we have explored her lungs we will then travel through her body to exit out through her nose. Warning!!! Warning!!! There is something going on and we are in for a surprise. It seems like bacteria has got into Mary’s lower lobe of her right lung. As we already know Mary is healthy‚ so we need to figure out what is going on. In our next step through Mary’s femoral vein to her lungs we are going to document the invasion

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    This measure is the measures of position or central tendency‚ it is use to see how a large set of raw materials can be summarized so that the meaningful essential can be extracted from it. The most commonly measures of central tendency are the mean‚ median‚ and mode. Properties of the Arithmetic Mean      easy to compute easy to understand valuable in statistical tool strongly influence by extreme values‚ this is particularly true when the number of cases is small cannot be compute when distribution

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    Questions on Statistics

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    (Note that the right endpoint should be fixed so that the total area under the curve is 1.  This is required for a valid density curve.)    b. Determine the median‚ the first quartile (Q1)‚ and the third quartile (Q3).    c. Relative to the median‚ where would you expect the mean of the distribution to lie?  Explain briefly.  The distribution is skewed left‚ so the mean will be left of the median.  d. What percent of the observations lie below 0.5? Above 1.5?    2. The following are the salaries of employees in a small business: 

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    (Prof Bowley) The main objectives of measure of central tendency are To reduce data in a single value. To make easy comparisons between data. There are different types of averages; each has its own business applications. 1. Arithmetic Mean 2. Median 3. Mode 4. Geometric Mean 5. Harmonic Mean 1.1 Arithmetic Mean 1.1.1 Definition Most important measure of location is the mean or average value‚ for a variable. The mean provides a measure of central location for the data. If the data are for

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    Central Tendency (Page 1 of 16) 3.1 Measures of Central Tendency Mean‚ Median and Mode a. mean‚ x = Example 1 b. ! x = sum of the entries n number of entries Find the mean of 26‚ 18‚ 12‚ 31‚ 42 The median is the middle value of an ordered set of data. If there is an even number of data values‚ then the median is the mean of the two middle values. Example 2 Find the median of 25‚ 30‚ 37‚ 21‚ 38 Example 3 Find the median of 3‚ 7‚ 9‚ 4‚ 8‚ 2‚ 6‚ 5 c. The mode is the most frequently occurring

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    Ilab Week 6 Math 221

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    for a set of variables Mean Median 3.2 3.5 4.5 5.0 3.7 4.0 3.7 3.0 3.1 3.5 3.6 3.5 3.1 3.0 3.6 3.0 3.8 4.0 2.6 2.0 4.3 4.0 3.5 3.5 3.3 3.5 4.1 4.5 4.2 5.0 2.9 2.5 3.5 4.0 3.7 3.5 3.5 3.0 3.3 4.0 Calculating Descriptive Statistics Descriptive Statistics: Mean‚ Median Variable N N* Mean SE Mean StDev Minimum Q1 Median Q3 Maximum Mean 20 0 3.560 0.106 0.476 2.600 3.225 3.550 3.775 4.500 Median 20 0 3.600 0.169 0.754

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    3. List 4 abdominal organs that you observed. Describe their position relative to each other using correct anatomical terms. (Rachel Mindel) The pancreas is located in the upper abdomen‚ is posterior to the stomach and some parts are in between both the stomach and the spine. The right side of the organ which is called the head‚ is nestled in the curve of the duodenum (juncture where the stomach meets the first part of the small intestine). The tapered left side of the organ is called the body

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    fingers are innervated by three major nerves‚ which are; the Median‚ the Radial and the Ulnar nerves. These nerves can be susceptible to injuries and compression at different locations on their paths as they innervate the skin and muscles of the forearm‚ hand and fingers. Having established that‚ the carpal tunnel is a relatively narrow passageway that is formed anteriorly by the flexor retinaculum and posteriorly by the carpal bones. The median nerve which is the most superficial structure and the long

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