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QUANTITATIVE ANALYSIS
Quantitative Analysis
Quantitative Analysis
Answer 1
a)
Largest
Smallest
Mean
4.17
4.40
Standard Deviation
2.04
2.35
b)
Step 1: Square the number of standard deviations:
2.25
Step 2: Dividing 1 by answer to Step 1:
0.44
Step 3: Subtracting Step 2 from 1:
0.56
In view of the above calculation, it is noted that at least 56% of the observations lie within 1.5 standard deviations from the mean that ...
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STA1000 Quantitative analysis
STA1000 Quantitative Analysis
Question 1
Largest
Smallest
Mean
4.174667
4.398667
Standard Deviation
2.044974
2.348403
Chebyshev's theorem = 1 - 1/k2 = 1 - 1/1.52 = 0.5555
So, the minimum proportion of observations that will lie within 1.5 standard deviations of the mean is at least 55.55%.
The results obtained from the COUNTIF command shows that there are ...
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BASIC STATISTICS
Basic Statistics Frequency Distributions
Basic Statistics Frequency Distributions
Standard Deviation
Dates
Number of Working Hours
X - Mean
(X - Mean)^2
March 28th 2013
8 hrs
0.31
0.10
March 29th 2013
6.5 hrs
- 1.19
1.41
March 30th 2013
7.5 hrs
- 0.19
0.04
March 31st 2013
8 hrs
0.31
0.10
April 1st 2013
8 hrs
0.31
0.10
April 2nd 2013
8.5 hrs
0.81
0.66
April 3rd 2013
9.25 hrs
1.56
2.44
April 4th 2013
8 hrs
0.31
0.10
April 5th 2013
4 hrs
- 3.69
13.60
April 8th 2013
8 hrs
0.31
0.10
April 9th ...
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Basic Statistics Measures of Central Tendency
Basic Statistics Measures of Central Tendency
1. Last year, nine employees of an electronics company retired. Their ages at retirement are listed below. Find the mean retirement age, to the nearest year.
55 77 64 77 69 63 62 64 85
Solution
[55+77+64+77 +69+63+62+64+85] / 9 = 68.44 ~ 68 yrs
2. ...
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Measures of Central Tendency
Measures of Central Tendency
Introduction
Measures of central tendency and distribution of central tendency of the population, an indication of the value of the characteristic in the statistical community, around which are clustered the features of all companies included in this group. Central tendency can be described ...
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Mixed Methods Research Designs
Mixed Methods Research Designs
Introduction
There are different approaches and significant methods that used for enhancing the efficiency of the fuel engine cars. Besides gasoline, these cars are also running with other alternative approaches such as hydrogen, biofuels or the electric circuit. Initially, these designs were highly appreciated ...
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Mathematics
Mathematics
Introduction
Problem has been selected by the author in which an ad for moisturizing lotion made the claim that “… it's the number one Dermatologist recommended brand.” Therefore, in this question the author actually tried to present evidence whether the statement misleading the consumer or not and the claim made ...
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Quantitative Reasoning - Module 5 Case
Quantitative Reasoning - Module 5 Case
Introduction of terms correlations and confounding variables
Correlation
The correlation can be defined as the measure of relationship between two constant variables. The correlation signifies the potency and trend of the associated and linked variables. The correlation is calculated for the variables that ...
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Independent Sample T - test
Independent Sample T - test
Introduction
T test for independent samples to test the null hypothesis from two means or from two samples (or subgroups) that are independent. The basis of this test is that whether two means are equal in population-Based on the result of the ...
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EXPLAINING WHY PEOPLE VOTE
Explaining why people vote
Explaining why people vote
Introduction
The study relates to why people vote, which is an important phenomena to study as it shows the way towards success. In this context, it is imperative and essential to note that voting is a right of all human beings ...