Describe the measures of variability and central tendency

Assignment Help Other Subject
Reference no: EM132611576

Discussion: Your initial discussion thread is due and you have to respond to your classmates. Your grade will reflect both the quality of your initial post and the depth of your responses.

Measures of Variability and Central Tendency

Imagine you have collected information on a health-related variable for 12 study participants. For this discussion, come up with 12 different data points pertaining to one continuous variable and enter them into the first column in an Excel spreadsheet. Examples of potential variables include: age, temperature, body weight, height, systolic blood pressure, number of minutes spent exercising/day, number of miles walked, etc. You will then use the descriptive statistics option in Excel, which is explained in Chapter 1 of your course text. You should get an output similar to Figure 1.2. This output must contain the following values: mean, standard error, median, mode, standard deviation, sample variance, kurtosis, skewness, range, minimum, maximum, sum, count. Begin your discussion by identifying your variable, its unit of measurement (e.g. years for age, pounds for body weight) and report your results for each of the previously listed values. Based on this output, which single value best describes this set of data and why? If you could pick three of these values instead of only one, which three would you choose and why?

Guided Response: Review several of your classmates' posts. Provide a substantive response to at least two of your peers. What does their data tell you about each of their fictitious study populations? Do you agree with their selections of the best value based upon their data?

This exercise requires the use of the "Analysis ToolPak" within Excel. This feature is already part of the 2007 and 2010 Excel programs; however, it must be activated. The following directions were provided by the "Help" function within Excel. If you experience issues while following these steps, utilize the "Help" function within Excel or contact Microsoft's technical support for Excel.

The Analysis ToolPak includes the tools described below. To access these tools, click Data Analysis in the Analysis group on the Data tab. If the Data Analysis command is not available, you need to load the Analysis ToolPak add-in program.

Load the Analysis ToolPak

1. Click the File tab, click Options, and then click the Add-Ins category.

2. In the Manage box, select Excel Add-ins and then click Go.

3. In the Add-Ins available box, select the Analysis ToolPak check box, and then click OK.

Tip: If Analysis ToolPak is not listed in the Add-Ins available box, click Browse to locate it.

If you are prompted that the Analysis ToolPak is not currently installed on your computer, click Yes to install it.

Reference no: EM132611576

Questions Cloud

Calculate the firm net income-garden pro corporation : Garden Pro Corporation has sales of $4,437,338; income tax of $468,826; the selling, general and administrative expenses of $205,212; depreciation
Explain the concessionary capital allowance rules : Can she claim a deduction under s 40-880 ITAA97 for the amount paid under the contract to acquire the goodwill of the business?
What is the value today of one share of the company : ABC Corporation has just paid a dividend of $3 per share. If the cost of equity for ABC is 12 percent, what is the value today of one share of the company
How dose the financial goals fit into your financial plan : How dose the financial goals fit into your financial plan? Identify the three ways that the timing of financial goals can be characterized and provide a persona
Describe the measures of variability and central tendency : Imagine you have collected information on a health-related variable for 12 study participants. For this discussion, come up with 12 different data points.
Are short-term creditors mainly interested in the entity : Tia Kim believes that the analysis of financial statements is directed at two characteristics of an entity: liquidity and profitability. Is Tia correct? Explain
Making financial decisions over a 3-year period : Identify what you feel are the two main potential risks or challenges that you may run into when making financial decisions over a 3-year period.
Discusses recent crisis in the news : Discusses a recent crisis in the news and how it was handled from a PR standpoint (e.g. BP oil spill).
Review of the company recent financial performance : Does your review of the company's recent financial performance suggest that its business model and strategy?

Reviews

Write a Review

Other Subject Questions & Answers

  Cross-cultural opportunities and conflicts in canada

Short Paper on Cross-cultural Opportunities and Conflicts in Canada.

  Sociology theory questions

Sociology are very fundamental in nature. Role strain and role constraint speak about the duties and responsibilities of the roles of people in society or in a group. A short theory about Darwin and Moths is also answered.

  A book review on unfaithful angels

This review will help the reader understand the social work profession through different concepts giving the glimpse of why the social work profession might have drifted away from its original purpose of serving the poor.

  Disorder paper: schizophrenia

Schizophrenia does not really have just one single cause. It is a possibility that this disorder could be inherited but not all doctors are sure.

  Individual assignment: two models handout and rubric

Individual Assignment : Two Models Handout and Rubric,    This paper will allow you to understand and evaluate two vastly different organizational models and to effectively communicate their differences.

  Developing strategic intent for toyota

The following report includes the description about the organization, its strategies, industry analysis in which it operates and its position in the industry.

  Gasoline powered passenger vehicles

In this study, we examine how gasoline price volatility and income of the consumers impacts consumer's demand for gasoline.

  An aspect of poverty in canada

Economics thesis undergrad 4th year paper to write. it should be about 22 pages in length, literature review, economic analysis and then data or cost benefit analysis.

  Ngn customer satisfaction qos indicator for 3g services

The paper aims to highlight the global trends in countries and regions where 3G has already been introduced and propose an implementation plan to the telecom operators of developing countries.

  Prepare a power point presentation

Prepare the power point presentation for the case: Santa Fe Independent School District

  Information literacy is important in this environment

Information literacy is critically important in this contemporary environment

  Associative property of multiplication

Write a definition for associative property of multiplication.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd