The real estate market has changed since the time when “location, location, location” was the only factor affecting house pricing. Today potential home buyers take into considerations different variables ,such as number of bedrooms, square footage and distance from the city.. The variable that team B found to be the most important when it comes to buying a home is; home selling price, number of bedrooms, and location. For all of the chosen variables, Team b calculated the measures of central tendency
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one person said radio, another one said by chance. Recommendation: Instead spending on radio, Crown should get more agents, as a lot of students hear about Crown by them. Q2. How many new friends have you made at Crown? The distribution is Bimodel, mode for female is 5, male is 10; Range of female is 19, male is 27. Recommedation: female should more active to make friends. Q3. What is the main reason you decided to study at Crown? The pie chart shows that 25% for uni, 27% fast quals, 12% subject
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Descriptive statistics: Opening Gross: Several central tendency measures (i.e., mean, median, and mode) are calculated for opening gross in the Excel file. As can be seen in the below histogram, opening gross has a right tail (i.e., skewed to the right), so median would be a more appropriate central tendency measure than the mean. The median opening gross was 0.39; 50% of the opening gross values were less than 0.39, 50% were above 0.39. The skewness of opening gross was 3.43 indicating a right
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Lyceum of the Philippines University – Cavite Campus Project In Basic Statistics “Financial Status of 1st yr. to 3rd yr. HRA Students” Submitted by: Annaliza Bendal Yr. & Sec: HRA-201 Submitted to: Ms. Cecille Dogelio Table of Contents I. Introduction II. Data Collection III. Data Organization IV. Data Presentation V. First Year HRA Students VI. Second Year HRA Students VII.
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using numerical comparison. The 3 individual variables 1) The 1st individual variable, I choose is the credit balance of the customers. Credit Balance Numerical Summary: | Credit Balance($) | Mean | 3970 | Median | 4090 | Mode | 3890 | Standard Deviation | 932 | Skewness | -0.15 | Range | 3814 | Minimum | 1864 | Sum | 198523 | Maximum | 5678 | Interpretation The mean credit balance of the customers is given as $3970. The standard deviation is given approximately
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For variable Gender: Median 2 Mode 2 You can conclude that since the data of variable gender is a qualitative data, the mean therefore cannot be a measure of central tendency. For variable Intrinsic job satisfaction score: Mean 5.32 Mode 5.2 Median 5.3 The data of the variable intrinsic job satisfaction score is recorded in a scale. The Mean, Median and Mode are the good measures of the central tendency. The mean satisfaction score is 5.32 with mode as 5.2 and Median, 5.3. It indicates
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calculate the minimum value existing between cell J6:J98. Question 2 For this question we have to calculate and display the mode for Bandwidth and Viewed Page. To calculate the mode, you first select the cell in which you want the mode to be written in then the formula “=MODE(K6:98)” is typed into the formula text box. This formula will calculate the mode of numbers existing from cell K6 to cell K98. Question 3 For question 3 we had to prepare an appropriate chart for Donnie to
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1600 | 1.1100 | 0.9500 | Tenture | 15.294 | 6.622 | 43.850 | 520.000 | 5.0 | 31.000 | 26.000 | The central tendencies for the two variables (StartSal and OnRoadPct) are as follows: StartSal: Mean = 37986.36, Mode = 36100.00 and Median = 37700.00. OnRoadPct : Mean = 0.5206, Mode = 36100.00 and
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500) – 12,500 = 17,222.2222 Phoenix Allocation = (11.8888889 * 2,000) – 6,000 = 17,777.7778 6a. Yes. The demand never exceeded what was in stock and causing a stockout. 6b. SD = 1.811 6c. Yes. The frequency wasn’t out of bounds with mean, mode, median. 6d. SD = 1.095445 6e. SD of Combined Probabilities = 6 6g. f(k) = 0.061667 6h. k = 1.1, Required safety stock for the desired 99 percent is 6.42 with an average inventory of 36
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Std. dev. | Std. err. | Median | Range | Min | Max | Q1 | Q3 | WT | 40 | 172.55 | 693.11949 | 26.327163 | 4.1626899 | 169.95 | 117.6 | 119.5 | 237.1 | 152.2 | 190.1 | Identify best statistic Which measure of central tendency (mean, median or mode) do you think best describes the data set? Fully explain your answer. Explain standard deviation Explain what the standard deviation tells us about variation in our data. ------------------------------------------------------------------------------------------------------------
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