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Course: Statistics
Unit: The Fundamentals of StatisticsAssignment Details:
Create a set of 10 real numbers.
For your set of numbers, calculate the mean, median, mode, and midrange.
Discuss which measure of central tendency seems most representative for your set.
Deliverable Length: 3-4 paragraphs
Construct a 95% confidence interval for the population variance and standard deviation of hours spent studying. Assume the population of hours spent studying is normally distributed.
Find the premium if the same income is to be paid monthly instead of annually, assuming payments are made (a) at the beginning of each month, (b) at the end of each month.
Conduct an analysis and hypothesis test of your choice on the data you collected. Write a 250-500 word research summary of the findings generated in the assignments for Topics 2 through 5. The research summary should address the following.
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