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

Package design ratings, Consider the sample of 60 package design ratings gi...

Consider the sample of 60 package design ratings given in the table below.                                    A Sample of Package Design Ratings                 (Composite S

Statistical errors, Statistical Errors              Statistical data ar...

Statistical Errors              Statistical data are obtained either by measurement or by observation. Hence to think of perfect accuracy is only a delusion or a myth, It is no

Calculate the ratio of the sample standard deviation, The Case Study includ...

The Case Study included information about the price for a full meal before and after the law change (in dollars).  Of interest is whether the differences in price for a full meal b

Weighted harmonic mean, Weighted Harmonic Mean Weighted Harmonic ...

Weighted Harmonic Mean Weighted Harmonic Mean is calculated with the help of the following formula: WHM Case

Standard deviation, Standard Deviation The main drawback of the deviati...

Standard Deviation The main drawback of the deviation measures of dispersion, as discussed earlier, is that the positive and negative deviations cancel out each other. Use of t

Box plots, This box plot displays the diversity wfood; the data ranges from...

This box plot displays the diversity wfood; the data ranges from 0.05710 being the minimum value and 0.78900 being the maximum value. The box plot is slightly positively skewed at

Non-sampling errors, Statistics Can Lead to Errors The use of st...

Statistics Can Lead to Errors The use of statistics can often lead to wrong conclusions or wrong estimates. For example, we may want to find out the average savings by i

Correlation, Definition of Correlation According  to prof, king correla...

Definition of Correlation According  to prof, king correlation means that between two series or group  of data  there  exists  some casual connection  prof, king  has also  exp

Logistic regression model, A marketing research firm was engaged by an auto...

A marketing research firm was engaged by an automobile manufacturer to conduct a pilot study to examine the feasibility of using logistic regression for ascertaining the likelihood

Descriptive statistics for every stock, Simple Linear Regression One ca...

Simple Linear Regression One calculate of the risk or volatility of an individual stock is the standard deviation of the total return (capital appreciation plus dividends) over

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