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Uses Arithmetic mean is widely used because of the following reasons: Mean is the simplest average to understand and easy to compute. It
how do i determine the 40th percentile in an ogive graph
You are a business analyst working for a company called Combined Computers Pty Ltd. You have been asked to prepare a business report with statistics in it for the managing director
method for solving assingnment problem
The file Midterm Data.xls has a tab labeled "National Grid vs. Alcoa" which presents historical price data for two stocks. Using the National Grid price as the X-value and the Al
"index number is an economic barometer" comment on this statement
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
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
A salesperson visits from house to house to sell her knives. The probability that she makes a sale at a random house is .3. Given that she makes a sale, the sale is worth $100 with
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