Utilizing the post-first feature

Assignment Help Applied Statistics
Reference no: EM13797279

Standard Deviation and Outliers

Thread:

For this assignment you will use the Project 2 Excel Spreadsheet to answer the questions below.

Use the spreadsheet to create the graphs as described in each question and then answer the question.

Put all of your answers into a post in the Project 2 Discussion Board Forum.

This course will be utilizing the Post-First feature. You will not be able to see your classmates' posts until after you have made your own post. This is intentional. You must use your own work for answers to questions 1-5. If something happens that leads you to want to make a 2nd post for any of your answers to questions 1-5, you must get permission from your instructor.

  1. a) Create a set of 5 points that are very close together and record the standard deviation. Next, add a 6th point that is far away from the original 5 and record the new standard deviation.

What is the impact of the new point on the standard deviation? Do not just give a numerical value for the change. Explain what happened to the standard deviation in words. 

b) Create a data set with 8 points in it that has a mean of approximately 10 and a standard deviation of approximately 1. Use the 2nd chart to create a second data set with 8 points that has a mean of approximately 10 and a standard deviation of approximately 4. What did you do differently to create the data set with the larger standard deviation? 

  1. Go back to the spreadsheet and clear the data values from question 1 from the data column and then put values matching the following data set into the data column for the first graph. 

50, 50, 50, 50, 50. 

Notice that the standard deviation is 0. Explain why the standard deviation for this one is zero. Do not show the calculation. Explain in words why the standard deviation is zero when all of the points are the same. If you don't know why, try doing the calculation by hand to see what is happening. If that does not make it clear, try doing a little research on standard deviation and see what it is measuring and then look again at the data set for this question.

 

  1. Go back to the spreadsheet one last time and put each of the following three data sets into one of the graphs. Record what the standard deviation is for each data set and answer the questions below.

                        Data set 1:        0, 25, 50, 75, 100

                        Data set 2:        30, 40, 50, 60, 70

                        Data set 3:        40, 45, 50, 55, 60

 

Note that all three data sets have a median of 50. Notice how spread out the points are in each data set and compare this to the standard deviations for the data sets. Describe the relationship you see between the amount of spread and the size of the standard deviation and explain why this connection exists. Do not give your calculations in your answer - explain in words.  (8 points)

For the last 2 questions, use the Project 1 Data set that is found in Course Content >> Syllabus and Assignment Instructions >> Assignment Instructions in Blackboard.

  • Explain what an outlier is. Then, if there are any outliers in the Project 1 Data Set, what are they? If there are no outliers, say no outliers.  (4 points)
  • Which 4 temperatures in the data set look to be the most questionable or the most unrealistic to you? Explain why you selected these 4 points. (4 points)

 

Replies:

After you have made your post, you will be able to see your classmates' posts. Find 2 classmates who disagreed with at least some part of at least one of your answers to questions 4 and 5 and explain why your answers are correct. If after reading some of your classmates' posts, you change your mind about the right answers for questions 4 and 5, explain what you were thinking originally as well as what you think now and why.

(8 points)

 

  • Submit your answers to these questions by 11:59 p.m. (ET) on Saturday of Module/Week 3. Submit your 2 replies of at least 50 words each by 11:59 p.m. (ET) on Monday of Module/Week 3.

 

 

Reference no: EM13797279

Questions Cloud

Popular multivitamin formulas and list of the ingredients : Compare the ingredients with one another. Why do you think the manufacturer put certain vitamins, minerals and herbs together?
Calculate the magnitude of the total electric force : Calculate the magnitude of the total electric force on q3 due to the other two charges. What is the direction of the total electric force on q3
Write a paper that describe catholic work : You must conduct an interview with a local catholic priest (in person or through electronic means) and write a paper describing their work and the impact it has on the community.
Examine the major implications for firms : Examine the major implications for firms entering into a merger. Explain the criteria the U.S. Department of Justice and the Federal Trade Commission would follow when deciding on whether or not to approve a proposed merger.
Utilizing the post-first feature : Utilizing the Post-First feature. You will not be able to see your classmates' posts until after you have made your own post. This is intentional. You must use your own work for answers to questions 1-5. If something happens that leads you to want to..
Predict the potential effects that government policies : Outline a plan that managers in the low-calorie, frozen microwaveable food company could follow in anticipation of raising prices when selecting pricing strategies for making their products response to a change in price less elastic.
What factors influence the annual income : Would like to know what factors influence the annual income of a person. What are some of the variables you will look for? How would you collect data on these variables? Is the data qualitative or quantitative? Remember that for each person you find ..
Communication breakdowns in internal politics : Communication breakdowns in internal politics
How is your community preparing for a potential disaster : As a community health nurse, what elements do you think are important to stress to the community? How is your community preparing for a potential disaster, or how has it prepared?

Reviews

Write a Review

Applied Statistics Questions & Answers

  Describe the shape of the distribution

Draw out what this would look like as a histogram and describe the shape of the distribution - what would look like as a histogram

  Calculate the shewhart monitoring limits

Calculate the ARL and look at the chart to see if the number looks about right. Use the time information in the raw data and your ARL value to calculate how many minutes between a false alarm. Will the operators be happy with this?

  Example on classical linear regression model

What is the annualized excess performance (Jensen's Alpha) of the firms that DID NOTreplace their CEO and describe the assumptions behind the classical linear regression model and the three diagnostic tests we discussed in class, the commands you w..

  Calculate the mean, median and mode

State the statistical assumptions of this test and using the data set and variables you have selected, use SPSS to calculate the Mean and Median.

  Develop your business research proposal

The initial research proposal will consist of the following SIX (6) items:What are the implications of my findings for the theory base, for the background assumptions, or relevant literature?

  Perform a factor analysis on the variables

Perform a factor analysis on the three variables shown in question 2 above. What do conclude about the factors?  Perform another factor analysis that includes the new variable, change in external events.  What do you conclude?

  Calculate the difference for each subject

Calculate the difference for each subject, then calculate the mean and standard deviation of these differences.

  Examine statistical data consisting of records of car

examine statistical data consisting of records of car accidents on victorian roads and freeways in 2012. the victorian

  Problems based on probability

What is the probability in the sample?

  The following data are availableresp nbspnbsp age

the following data are availableresp nbspnbsp age nbspnbspnbsp exam nbsp papernbspnbsp sex nbspnbspnbspnbsp

  Match the linear correlation coefficient to the scatter diag

Match the linear correlation coefficient to the scatter diagram.

  Determine what action the firm should pursue

Use decision analysis tools discussed in class to determine what action the firm should pursue in order to minimize expected loss; either manual analysis or software is acceptable. Please also calculate the minimum expected loss.

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