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Statistics

Statistics deals with collecting, organizing, and interpreting numerical data. An important aspect of statistics is the analysis of population characteristics inferred from sampling.

36,755 Questions

What is the value of an experimental model 8 helmet?

In good condition with a liner it will be worth between $1800 and $2200.

What is the value of a 1990 Dunruss Steve Sax Diamond Kings card number 2?

1990 Dunruss Steve Sax Diamond Kings card number 2

A 1990 Dunruss Steve Sax Diamond Kings card number 2 has a book value of about .05 cents in Near Mint-Mint condition. Professionally graded cards will sell for more. Condition is important.

Common flaws with baseball cards include: rounded edges, creases, off centered, and faded color. Any or all flaws will devalue the card significantly.

What is formula of deciles?

D=E1+((dN/10)-Cf)(I)/F

The formula of deciles is different for grouped and ungrouped data.

What are the importances of Central Tendency?

Central tendency is important because it is used to calculate an average on a collection of data. Central Tendency includes the mean, median, and mode.

What are the parts of statistical table?

In general, a statistical table consists of the following eight parts. They are as follows:

(i) Table Number:

Each table must be given a number. Table number helps in distinguishing one table from other tables. Usually tables are numbered according to the order of their appearance in a chapter. For example, the first table in the first chapter of a book should be given number 1.1 and second table of the same chapter be given 1.2 Table number should be given at its top or towards the left of the table.

(ii) Title of the Table:

Every table should have a suitable title. It should be short & clear. Title should be such that one can know the nature of the data contained in the table as well as where and when such data were collected. It is either placed just below the table number or at its right.

(iii) Caption:

Caption refers to the headings of the columns. It consists of one or more column heads. A caption should be brief, concise and self-explanatory, Column heading is written in the middle of a column in small letters.

(iv) Stub:

Stub refers to the headings of rows.

(v) Body

This is the most important part of a table. It contains a number of cells. Cells are formed due to the intersection of rows and column. Data are entered in these cells.

(vi) Head Note:

The head-note (or prefactory note) contains the unit of measurement of data. It is usually placed just below the title or at the right hand top corner of the table.

(vii) Foot Note

A foot note is given at the bottom of a table. It helps in clarifying the point which is not clear in the table. A foot note may be keyed to the title or to any column or to any row heading. It is identified by symbols such as *,+,@,£ etc.

Source Note:

The source note shows the source of the data presented in the table. Reliability and accuracy of data can be tested to some extent from the source note. It shows the name of the author, title, volume, page, publisher's name, year and place of publication of the book or journal from which data are complied.

When performing a study what is a type 1 error?

A Type I error is committed whenever a true null hypothesis is rejected. A Type II error is committed whenever a false null hypothesis is accepted. The best way to explain this is by an example. Suppose a company develops a new drug. The FDA has to decide whether or not the new drug is safe. The null hypothesis here is that the new drug is not safe. A Type I error is committed when a true null hypothesis is rejected, e.g. the FDA concludes that the new drug is safe when it is not. A Type II error occurs whenever a false null hypothesis is accepted, e.g. the drug is declared unsafe, when in fact it is safe. Hope this helps.

What does the imprimatur mean?

It's Latin for "let it be printed". It is official authorization, usually granted by a bishop, to print a Catholic book or other Catholic publication.

What does diveristy mean to you?

Answer

Being Diverse to me means that I am able to do many jobs in the same fields or in other fields. It must be a pretty boring existence to only be able to do one thing in life, wouldn't you say.

What is the median for 11 and 5?

Both the median and mean of these two numbers are equal to 8.

When should you throw out an outliers?

If the result is 1.5 x Inter Quartile Range (or more) above the Upper Quartile or 1.5 x Inter Quartile Range (or more) below the Lower Quartile.

How many combinations of 10 numbers can you get from 40?

The answer is 40!/[10!*(40-10)!] where n! represents 1*2*3*...*n.

The number of combinations = 40*39*38*37*36*35*34*33*32*31/(10*9*8*7*6*5*4*3*2*1) = 847,660,528

How do you calculate Signal to Noise ratio?

It can be calculated by simplifying the ratio between power of signal by power of noise

How many ways can 7 persons sit in a circle?

The formula is (n-1)!. So, for 7 people it is 6! or 720.