Define mean, median, mode, variance, and standard deviation, Basic Statistics

Assignment Help:

Explain what central tendency and variability are. In your answer define what the mean, median, mode, variance, and standard deviation are. What is the difference between the descriptive standard deviation and the unbiased estimate of the standard deviation? When would you use the unbiased estimate?

Central tendency is to describe where the data are and variability is how spread out the data are... Variability tells on how constant the score are. The mean is the sum of all the values in a group divided by the number of the values in that group. The median is the average but of a different kind, the median in the midpoint in a set of scores, it is the half way point which is 50% the mode is the last measure of central tendency it is the precise measure of the central tendency. Variances is used as a measure of how far a set of numbers are spread out from each other and the Standard deviation represents the average amount of variability in a set of scores. The standard deviation is the square root of the variance.


Related Discussions:- Define mean, median, mode, variance, and standard deviation

T-distribution, How does the t-distribution changes its shape with the chan...

How does the t-distribution changes its shape with the change of the size of the sample?

What is portfolio ratio, Describe portfolio ratio, i need assignment help i...

Describe portfolio ratio, i need assignment help in portfolio ratio based questions.

Time quantization and amplitude quantization, A sine wave is sampled at int...

A sine wave is sampled at interval Tand quantixed using N=2bits precision over the range ±1. The sine wave has peroid τ, and T is chosed such that T = 1/8τ Plot one cycle of the

Working capital, prepare an estimate of working capital requirements from t...

prepare an estimate of working capital requirements from the following information 1. project annual sales 1,00000/- 2. selling price Rs. 8/unit 3.percentage of net profit on sale

Wave optics, how does wave act as in interfrence?

how does wave act as in interfrence?

Linear regression, Linear  regression is  a regression methods  that models...

Linear  regression is  a regression methods  that models  the  relationship  between  a dependent variable   independent variables ? X1 i = 1 .........p and a random term . the mod

Draw a scatter diagram relating cigarette, The following data relating ciga...

The following data relating cigarette smoking and death rates for lung cancers in 14 states in the USA. The data are based in part on records concerning 1960 cigarette tax receipts

Allowance for uncollectible , Allowance for uncollectible A contra-asset a...

Allowance for uncollectible A contra-asset assessment consideration used to indicate the part of a / r that is approximated to be uncollectible.

Estimate the national level ndp, In the 2011 federal election, 30.6% of the...

In the 2011 federal election, 30.6% of the electorate voted for the New Democratic Party (NDP). (a) A year later, a national poll of 1836 respondents indicated that 36% support the

Write Your Message!

Captcha
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