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How do you calculate mean for open end class interval?

In case of open end classes, mean can be calculated only if their class marks (Mid-Points) are determined. If such classes contain a large proportion of the values, then the mean may be subjected to substantial error.


Does more credit mean a higher score?

Depends. The percentage,of credit used to the percentage not used is more important. Let's say you are using 71% of your available credit your score will be lower. The income ratio to debt is also used.


Why calculate for the mean and median in relation to a sample?

Both the mean and median represent the center of a distribution. Calculating the mean is easier, but may be more affected by outliers or extreme values. The median is more robust.


Why is the median a more stable measure of central tendency than the mean?

in general,mean is more stable than median but in the case of extreme values it is better to consider median a stable measure than mean.


When we have more data points what effect will this have on our mean?

Having more data points can lead to a more accurate estimate of the mean, as it helps to reduce the influence of outliers and random variation. Generally, as the sample size increases, the sample mean tends to converge toward the true population mean, assuming the additional data points are representative of the population. However, if the new data points are significantly different from the existing ones, they can skew the mean in one direction or another. Overall, more data typically enhances the reliability of the mean calculation.

Related Questions

What does the phrase 'The end is more important then means' mean?

It means that the results is the important thing, not the method used to get there. Some people believe that this is a good thing, others disagree.


End is more important then means?

End is more important then means?


What is more important baron zemo or the end of the world?

The end of the world


End is more important than means?

End is important than means case is not suitable for all cases...but most of the cases End is imprtant...End is the final result of means...Ex...in every case means is not good but the final result makes that means good


Debate in English about end is more important than mean?

The question tag suggests : Is Debate in English about : end is more important than mean would imply two factors 1. End 2. MeansEnd in any English debate is the conclusion through logic while mean is the tools applied eg logical deductive/inductive or completely illogical.previous comment: WikiANSWERS is a site for answering questions with a definitive answer and not a debate and discussion site. Suggest that you move this premise to a blog, chatroom or discussion site.


What does generosity is more important than possession mean?

It is more important to be giving than to receive.


What does the phrase truth is more important then modesty mean?

it means truth is more important than modesty


Quotes on end is more important than means?

end is always more important than means..............


What does flagging in emailing mean?

A more important email


Who designed rainbows end?

All depends on what you mean, there are several interpretations of Rainbows End, you need to be more specific


Ends are more important than means?

Yes, ends are more important than means because "if we don't have an end,what is the use of means...............................................they will be meaningless and worthless".


What is one important consequence of reducing standard error of the mean?

Estimates of the mean are then more reliable.