Diversity of data , Applied Statistics

Assignment Help:

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 1.87 as the whisker at the top of the box is longer than the whisker at the bottom of the box, thus showing that there are more values at the top end of the box. The lower quartile is basically the 25th percentile which is 70; the median is the 50th percentile which is 90 and the upper quartile is 75th percentile which is 120.

1388_box plot1.png

In relation to extreme data for totexp there are 47 outliers which have been identified on the box plot which deviate significantly from the rest of the distribution of the data:     

Outlier Value

Rows

200

457, 853, 1035, 1042, 1110, 1404, 1443

210

82, 565, 694, 1088, 1249, 1411, 1491

220

182, 657, 1451

230

97, 155, 476, 980

240

1145, 1300, 1435

250

386, 970, 995, 1285

260

680, 845, 1350

270

449, 1299, 1385, 1508

280

56, 1009

290

315, 1225

300

755

310

80

320

482, 1415

330

1198

360

77

390

1187


Related Discussions:- Diversity of data

Primary and secondary data, Primary and Secondary Data: Primary Data: ...

Primary and Secondary Data: Primary Data: These data are those are collected for the first time. Thus primary data are original in character and gathered   by actual observat

Linear regression, Linear Regression Generally, in two mutually related...

Linear Regression Generally, in two mutually related statistical series, the regression analysis based on graphic method. Under graphic method the values  of X and Y variable

Sequential sampling, Sequential Sampling Under this method, a number of...

Sequential Sampling Under this method, a number of sample lots are drawn one after another from a universe depending on the results of the earlier samples. Such sampling is gen

Population variance, Examining the Population Variance Business decisio...

Examining the Population Variance Business decision making does not limit itself to setting up the hypothesis to test for the equality of more than two means or proportions sim

Standard deviation and variance, Explanation of standard deviation and vari...

Explanation of standard deviation and variance Describe the importance of standard deviation and variance, what they calculate and why they are required. Importance of char

Correlation matrix table, A.    Do the correlation matrix table. B.    W...

A.    Do the correlation matrix table. B.    Which variable (s) has the largest correlation coeffieient which is not a perfect correlation? C.    Which variable (s) has the s

Calculate unbiased estimate of the variance, This question has two parts wi...

This question has two parts with multiple items to answer. You are a psychologist who has collected the subjective well-being scores of a number of elderly people aged 90 or abo

Business forecasting, Meaning and Definitions of Business Forecasting T...

Meaning and Definitions of Business Forecasting The problem of business  forecasting  refers to the  analysis  of the past and  present economic  conditions. With  the objectiv

Estimate a linear probability model, Estimate a linear probability model: ...

Estimate a linear probability model: Consider the multiple regression model: y = β 0 +β 1 x 1 +.....+β k x k +u Suppose that assumptions MLR.1-MLR4 hold, but not assump

Ryan-joiner - normal probability plot, The Null Hypothesis - H0:  The rando...

The Null Hypothesis - H0:  The random errors will be normally distributed The Alternative Hypothesis - H1:  The random errors are not normally distributed Reject H0: when P-v

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