Name: Bin Date: Frequency 1 2 2 1 Directions: Answer all problems and submit to instructor at the end of module 1 3 6 4 7 5 4 6 4 7 1 8 1 More 0 Q1 Descriptive Statistics Excel Worksheet b Q2 d Q3 e Q4 b 5. For the following sample of scores: 2‚ 6‚ 1‚ 4‚ 2‚ 2‚ 4‚ 3‚ 2 Mean variance standard deviation 2.889 2.099 1.537 Find the mean‚ variance and standard deviation 6. A sample of size 7 (n = 7) has a mean of M = 9. One of the sample scores is changed from x
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mean - Virtually all‚ 99.7% of the area under the curve is within +/- 3 standard deviations of the mean Is a z-score the distance between a selected value (X) and the population mean (u) divided by the population standard deviation(s)? Yes. We use z-scores to change normal probability distributions into standard normal probability distributions‚ which are unique because they have a mean of 0 and standard deviation of 1. To convert to a standard normal probability distribution we must find the
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Chapter 4 Descriptive Statistics Upload the completed assignment using the file extension format Lastname_Firstname_Week3.doc. Assignment (32 points due by 11 pm October 14th) 1) The file ‘FastFood’ contains the amount that a sample of nine customers spent for lunch (in $) at a fast food restaurant. a) Compute the mean and the median. b) Compute the variance‚ standard deviation‚ range‚ and co-efficient of variation. c) Are the data skewed? If so‚ how? 2) The file ‘ChocolateChip’
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by A Scores obtained 48 39 76 68 69 56 74 58 65 73 by B If the consistency of performance is the criterion for awarding a prize‚ which student should get the prize? Use coefficient of variation to measure the consistency. Answer-------- student B should get the prize. COV of A = 28.88% COV of B=18.42% Scores of B is more consistent. Q3. Find the mean and median for the foll . data Class
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Chapters 1-3:In order to control costs‚ a company wishes to study the amount of money its sales force spends entertaining clients. The following is a random sample of six entertainment expenses (dinner costs for four people) from expense reports submitted by members of the sales force. $157‚ $132‚ $109‚ $145‚ $125‚ $139. Calculate the mean and sample variance(s^2) and standard deviation. Mean = 807/6 = 134.5. Sample Variance = (109925 – (807^2/6)/6-1 = (109925 – 108541)/5 = 1384/5 = 276.8.
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GT00303 Business Statistics Semester II 2008/2009 Chapter 1 Introduction of Business Statistics An important decision-making tool in business and is used in virtually every area of business. Among the more common meaning of the word are: 1) the science of gathering‚ analyzing‚ interpreting and presenting data 2) a branch of mathematics 3) a course of study 4) facts and figures 5) a death 6) sample measurement 7) type of distribution used to analyze data Statistics
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BUSINESS STATISTICS Agenda Introduction Descriptive Statistics One–Tailed Test About a Population Mean t-Test Using Two Independent Samples t-Test For Paired Samples Analysis of Variance (ANOVA) Regression Analysis U.S. Patent and Trademark Office (PT0) Descriptive Statistics Frequency Vs Total Provisional Filings One–Tailed Test About a Population Mean Selected a small sample of 12 months’ provisional application filings for large US entities (for fiscal year 1996) 1. Determine the Hypotheses
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Descriptive Statistics QNT/561 July 29‚ 2014 Descriptive Statistics Job Satisfaction Central Tendency: Mean=8.5 JDI Dispersion: Standard Deviation=1.16 JDI Number: 139 Min/Max: 7 to 10 JDI Confidence Interval: 8.36 to 8.75 JDI *JDI=Job Descriptive Index Months of Employment Central Tendency: Mean= 136.24 Months Dispersion: Standard Deviation= 117.26 Months Number: 139 Min/Max: 1 to 359 Months Confidence Interval: 116.74 to 155.73 Months Descriptive
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Descripitive Statistics Paper Descriptive Statistics Paper Laura L. Mason‚ Becky Matlock‚ and Nichole Noble RES/341 June 15‚ 2011 David Morrisson Descriptive Statistics Paper Major League Baseball is known as America’s favorite pastime‚ and MLB teams spend an extensive amount of money in the excess of a billion dollars with the ultimate goal to win the World Series. This learning team’s focus throughout this descriptive statistics paper is the MLB players’ performances‚ salaries‚ salary
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phenomena of crime what about rape‚ homicide etc. that would be adding more variables to the set so that you can measure all different types of crime and get the actual rate of crime. 2. Differentiate between descriptive statistics and inferential statistics. a. Descriptive statistics summarizes and describe the data on cases included in the study. You are only describing what’s going on with the data from the case at hand. For example‚ you interviewed 100 people about which fast food restaurant
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