Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
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.
two application of statistics
a) List down several measures of central tendency and define the difference among them? b) What do you mean by confidence interval, and why it is useful? What is a confidence lev
The file Midterm Data.xls has a tab labeled "Many vs. S&P" which presents historical price data for several assets, a volatility condition (VIDX = 1 if the NYSE volatility is grea
what are the importance, uses,optimums and applications of the following in agriculture field experiments; 1.standard deviation 2.standard error 3. coefficient of variation
Jocko's Garage has been accused of insurance fraud. Data on estimates made by Jocko and another garage were obtained for 10 damaged vehicles (available in 'jockogarage.txt'). Here
Introduction to Probability A student is considering whether she should enroll in an MBA educational program offered by a well-known college. Among othe
Evaluate Gross Reproduction Rate: From the data given below compute : i) General Fertility Rate ii) Specific Fertility Rate iii) Total Fertility Rate iv)
There are two diagnostic tests for a disease. Among those who have the disease, 10% give negative results on the first test, and independently of this, 5% give negative results on
Mid year population 440000 Late fatal death 29 No. of live birth 5200 No. of infant death 423 No. of maternal death 89 No. of infant deaths i
Comparison of the Principal Averages-Mean, Median and Mode The mean, median, and mode are located at the same point in a symmetrical frequency distri
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd