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

Good measure of quality, Education seems to be a very difficult field in wh...

Education seems to be a very difficult field in which to use quality methods. One possible outcome measures for colleges is the graduation rate (the percentage of the students matr

Regression analysis , The data used is from a statistical software Minitab;...

The data used is from a statistical software Minitab; London.MPJ is the file that consists of 1519 households drawn from 1980 - 1982 British Family Expenditure Surveys. Data that i

Estimation error on apparent arbitrage, This question explores the effect o...

This question explores the effect of estimation error on apparent arbitrage opportunities in a controlled simulation setting. We simulate returns for N = 10 assets over T = 30 year

Frailty in multi state models, how can i use continuous frailty in multi st...

how can i use continuous frailty in multi state models?

Confidence interval for a proportion, The quick method for a confidence int...

The quick method for a confidence interval for a proportion uses as an approximation for a 95% confidence interval.  The margin of error in this case is slightly larger tha

Correlation coefficient test, 1. If you are calculating a correlation coeff...

1. If you are calculating a correlation coefficient testing the relationship between height and weight, state the null and alternative hypotheses. 2. What kind of relationship d

Expected utility maximizer, The investor has constant wealth 1 and is o?ere...

The investor has constant wealth 1 and is o?ered to invest in shares of a project that either gains 3=2 or loses 1 with equal probabilities. Therefore, if the investor obtains sha

Regression, Regression line drawn as Y=C+1075x, when x was 2, and y was 239...

Regression line drawn as Y=C+1075x, when x was 2, and y was 239, given that y intercept was 11. calculate the residual

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