Reference no: EM13991939
The normal distribution can be used to describe the variability existing in thousands, if not millions, of data distributions. Many of these distributions describe every day quantities, such as the weights of 12-year males in Madison, WI, or the number of inches it snowed in Vail, CO in January during the last 100 years.
Not all data distributions are normally distributed. Some contain more than one peak, and others are skewed (containing a long "tail" on one end of the distribution). For example, the height of humans is bimodal, meaning there are two modes (or peaks) in the distribution. These modes are centered on the average height of males and the average height of females. Another example of a bimodal distribution is the time of day that customers eat at a restaurant. For many restaurants, the distribution would have modes at noon and 7 pm. A skewed data distribution could be constructed by examining the salaries of employees in a corporation. The long tail in the distribution would consist of a relatively small number of employees with very high salaries.
Describe two data sets from your personal life or profession: one that is approximately normally distributed and another that is not normally distributed.
• Describe the data sets, and for the non-normally distributed data set describe its shape (Is it skewed? bimodal?)
For the non-normally distributed data set, what accounts for its non-normal distribution of data?
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What is the minimum path length difference
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How many tickets fell at each of the levels
: ABC, Inc. has a total of 53 Visa/MasterCard sales tickets worth $12,867.00. There are 34 Visa sales tickets totaling $7,883.50 and 19 MasterCard sales tickets totaling $4,983.50. How do I figure out how many tickets fell at each of the above 6 qu..
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Define and provide an example for simple random sampling
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What has been the history of entry into the market
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Describe the data sets
: Describe two data sets from your personal life or profession: one that is approximately normally distributed and another that is not normally distributed. Describe the data sets, and for the non-normally distributed data set describe its shape
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Discuss the positive or negative impacts of competition
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Calculate the standard deviation for your data set
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How do the concepts of macroeconomics help you
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Executor of the estate several
: Marino inherits antique pottery from the estate of his grandmother on March 10, 2010. He immediately sells the pottery for $15,000 to a collector who had made the offer to the executor of the estate several weeks before
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