Differences and similarities of range and iqr

Assignment Help Basic Statistics
Reference no: EM13819847

Task 1:

Organize your sample data in a spreadsheet.

Please follow instruction above!

Do you think it is necessary to use 50 samples (n=50) in order to represent the whole population of household (N=1000)? Why don't we just use 5 or 10 samples?

Task 2:

Plot the 50 sample points of WI and WEF values that you obtained in 1 on a scatter diagram. (Plot WI values along the X-axis and WEF values along the Y-axis.

Do you think putting W1 at X-axis and WEF at Y-axis seem a reasonable suggestion? Explain!

Task 3

Develop a suitable tabular form and graphical bar charts of the HLE, G, FS and frequency.

Task 4

Determine estimates of the median, mode, mean of WEF, WI and FS of WEF, WI and FS.

Is there any of your median is greater and / or smaller than mean? What does that indicate?

Is there any of your median is equal with mean? If yes, what do you think is the reason of it? If no, what do you think is the reason of it?

Task 5

Determine estimates of range, 1st & the 3rd Quartiles or (25th & 75th percentiles), Inter Quartile Range (IQR) of WEF, WI and FS.

Explain the differences and similarities of range and IQR?

Which one (either, Range or IQR) is more useful in order to compare these variables (WEF, WI, and FS)? Why?

Task 6

Determine estimates of the standard deviation (SD), variance and coefficient of variation (CV) of WEF, WI and FS.

Explain the differences and similarities of SD and CV?

Which one (either, SD or CV) is more useful in order to compare those variables (WEF, WI, and FS)? Why?

Task 7

Write a non-technical report interpreting your descriptive statistics, tabular and Graphic results obtained from Task 3 to 6, and parts in light of sample report given below (See sample report writing). Avoid repeating exact sample report wording. Present this report as the main body of this assignment. (Write in less than 300 words)

Attachment:- Data Set.xlsx

Reference no: EM13819847

Questions Cloud

Uses a job-order costing system : Colorado Company uses a job-order costing system. Account balances at the end of the year were: What journal entry(s) are necessary to close the Manufacturing Overhead account if the amount in the account ($90,000) is all materials?
Margin of safety in dollars and as a percentage of sales : Mississippi Company produces and sells one product. Its sales and expenses for last month were: Compute Mississippi Company’s margin of safety in dollars and as a percentage of sales.
Break-even point for sales of this product : Ohio Corporation sells its product for $16 per unit and incurs variable costs of $10 per unit and total fixed costs of $12,000. What is Ohio Corporation’s break-even point for sales of this product?
Volunteers are plentiful-what is the efficiency of the line : The Henry Street Mission uses volunteers to assemble care packages for needy families during the holiday season. The mission would like to organize the work as efficiently as possible. Suppose that volunteers are plentiful. Balance the line to maximi..
Differences and similarities of range and iqr : Develop a suitable tabular form and graphical bar charts of the HLE, G, FS and frequency - Explain the differences and similarities of range and IQR?
Write an essay and five biographies about child development : Write an essay and five biographies about child development.
Construct a process ?ow chart of the existing process : "It was horrible,” said the distraught client. “No matter how many times I provided the information, no one listened to me. And they obviously didn’t listen to each other either, because they used the wrong meds . . . again.”  Construct a process ?ow..
What is the object mass : An object weighs 3300 N. What is the object's mass? An object weighs 3000 lb. What is the object's weight in N? An object weighs 2700 N. What is the object's weight in lb? The mass of a certain elephant is 4,067 kg. (a) Find the elephant's weight in ..

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

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