Reference no: EM131398646
If the mean and trimmed mean are nearly identical, it might be thought that it makes little difference which measure of location is used. Based on your answer to given Exercise 1, why might it make a difference?
Exercise 1
In Exercise 2, the length of the confidence interval for µ is 257.6 - 200.7 = 56.9 and the length based on the trimmed mean is 244.9 - 196.7 = 48.2. Comment on why the length of the confidence interval for the trimmed mean is shorter.
Exercise
Reported data on the number of seeds in 29 pumpkins. The results were
250, 220, 281, 247, 230, 209, 240, 160, 370, 274, 210, 204, 243, 251, 190, 200, 130, 150, 177, 475, 221, 350, 224, 163, 272, 236, 200, 171, 98.
The 20% trimmed mean is X‾t = 220.8 and the mean is X‾= 229.2. Verify that the .95 confidence interval for µ is (200.7, 257.6) and that for the trimmed mean, µt, it is (196.7, 244.9).
|
Also remember to incorporate market models
: Write three paragraphs regarding your overview of Stanley/Black and Decker as the merged company headquartered in Connecticut. Also remember to incorporate market models, mergers/acquisitions and antitrust along with other aspects in microeconomics. ..
|
|
How cmvs are key to effective information achieving goals
: Explain how CMVs are key to effective information operability and achieving modern health care goals. Discuss some of the complexities that may be involved to create a CMV.
|
|
Mexico real gdp per person
: If real GDP per person in Mexico was $11,000 in 2008, while it was $44,000 per person in Canada, and if real GDP per person in Mexico grows at a rate of 10 percent per year, how long will it take Mexico's real GDP per person to reach the level tha..
|
|
Part of organization overall marketing plan
: As we learn from our course text this week, the e-marketing plan is normally a part of an organization’s overall marketing plan, aligning with the business unit’s overall goals and strategies. What is to be included on the Title page when uploading a..
|
|
Why length of confidence interval for trimmed mean is short
: In Exercise the length of the confidence interval for µ is 257.6 - 200.7 = 56.9 and the length based on the trimmed mean is 244.9 - 196.7 = 48.2. Comment on why the length of the confidence interval for the trimmed mean is shorter.
|
|
Financial crisis in the late
: The US financial market was hit by a financial crisis in the late 1990's known as the subprime mortgage crisis. Write a report on the crisis using the APA style highlighting the challenges faced during this period.
|
|
Operates in an oligopolistic industry
: Name a product that you regularly purchase from a firm that operates in an oligopolistic industry. Explain why the product and firm fit the model of oligopoly.
|
|
Use to characterize his personality
: How is John Adams portrayed in the series? What do you see as his strengths and weaknesses? What words would you use to characterize his personality? Which scenes (Be specific!) shed the most light on his views and values?
|
|
Discuss the importance of developing a data migration plan
: Discuss the importance of developing a data migration plan and what may result if data migration is not considered in a project plan. This link provides a template of an EHR project plan.
|