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Descriptive Statistics:
Carrying out an extensive analysis the data was not a subject to ambiguity and there were no missing values. Below are descriptive statistics that have been constructed after identifying no ambiguous or missing data for each variable that were included:
The 'N' in the descriptive statistics shows the total number of data items that is present which is 1519, however 'N*' reveals the number of items that are missing data which is 0.
The mean portrays central tendencies with the inclusion of all the data provided but the trimmed mean displays central tendency of data with 5 to 25 percent being discarded as it may include extreme data sets which can be relevant as it is less sensitive to outliers. Observing the mean and trimmed mean from the descriptive statistics for wfood, income, totexp and nk and age suggests they have a small change between their mean and trimmed mean which isn't highly significant.
The standard deviation measures the spread of data as well as the variance however the variance is the square root of standard deviation. Wfood and nk have low standard deviation and variance values; age has relatively high standard deviation and variance values where as on the other hand totexp and income has a high standard deviation and variance value. As there is a huge data sample many extreme data sets are established.
The coefficient of variation is the ratio of standard deviation to the mean which is a measure of dispersion of data of a variable. Wfood, totexp, income, age and nk have relatively high coefficient of variance which indicate that data is relatively highly dispersed from income being the most dispersed to age being the least dispersed.
(a) At a stream gauging station, the following discharges and stage measurements were taken for the purpose of the rating curve at that section: Stage (m) 1
Create the Venn diagram: A - you work for an insurance company. 80% of your company's staff is sales force and 70% of your company's sales is force is male. in your company
In PCA the eigknvalues must ultimately account for all of the variance. There is no probability,'no hypothesis, no test because strictly speaking PCA is not a statistical procedure
two application of statistics
Coefficient of Determination The coefficient of determination is given by r 2 i.e., the square of the correlation coefficient. It explains to what extent the variation
The box plot displays the diversity of data for the totexp; the data ranges from 30 being the minimum value and 390 being the maximum value. The box plot is positively skewed at 1.
i m doing MBA in singapore and i want a good work. i want a data for 200 observations and then answers for some questions. and i need the data to be approved by our professor first
Simulation When decisions are to be taken under conditions of uncertainty, simulation can be used. Simulation as a quantitative method requires the setting up of a mathematical
Grouped Data In order to find the median, the median class is to be first located and then interpolation is to be used by assuming that items are evenly spaced over the entire
We want to investigate the income data. In the Excel file Midterm Data.xls there is a tab labeled "Income Data 2006". The data in the tab is the income reported by 400 people in
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