Explain the central tendency, Applied Statistics

Assignment Help:

Explain what central tendency and variability are. In your answer define what the mean, median, mode, variance, and standard deviation are. What is the difference between the descriptive standard deviation and the unbiased estimate of the standard deviation? When would you use the unbiased estimate?

Central tendency is to describe where the data are and variablityis  how spread out the data are.. Variability tells on how  constant the score are. The mean is the sum of all the values in a group divided by the number of the values in that group. The median is the average but of a different kind, the median in the midpoint in a set of scores, it is the half way point which is 50% the mode is the last measure of central tendency it is the precise measure of the central tendency. variances is used as a measure of how far a set of numbers are spread out from each other and the Standard deviation represents the average amount of variablity in a set of scores. The standard deviation is the square root of the variance.


Related Discussions:- Explain the central tendency

A new weight-watching company, A new weight-watching company, Weight Reduce...

A new weight-watching company, Weight Reducers International, advertises that those who join will lose, on the average, 10 pounds the first two weeks with a standard deviation of 2

..National Account- Descriptive Statistics, A country''s national accounts ...

A country''s national accounts are assumed to look as follows: GDP 1180 VAT and taxes 140 Commodity subsidies 60 Raw material and consumables 530 1. Calculate GVA 2. Calculate t

Types of business forecasting , Types  of business forecasting  are genera...

Types  of business forecasting  are generally as follows: 1.      Sales  and Demand  forecasts 2.      Porduction  forecasts. 3.       Cost  Forecasts 4.       Financi

Statistical definition of probability, Statistical Definition of probabilit...

Statistical Definition of probability: Ques: (a) (i)  Distinguish Statistical Definition of probability from the Classical Definition.                  (ii) State the A

Time series, merits and demerits of methods to determin trends

merits and demerits of methods to determin trends

Correlation, prove that coefficient of correlation lies between -1 and+1

prove that coefficient of correlation lies between -1 and+1

Finding the z-score, 10. If a set of scores has a sample mean of 25 and a s...

10. If a set of scores has a sample mean of 25 and a sample variance of 4, find the following: a. the z-score for a raw score of 31 b. the z-score for a raw score of 18 c. the raw

Probability, HOW WOULD YOU INTERPRET THIS PROBABILITY:P(a)=1.05

HOW WOULD YOU INTERPRET THIS PROBABILITY:P(a)=1.05

Central tendency, Definition of Central Tendency The central tendency o...

Definition of Central Tendency The central tendency of a variable means a typical value around which other values tend to concentrate which can be measured. Such concentration

Determine probability that the person tested has the disease, There are two...

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

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