(from what you got in Google) Find the Mode (e.g. will be the amount of times the same number appears in your list) Calculate the Standard deviation (This can be found in Excel by typing in the keyword STDEV) You should also Look at Normal Distribution in Excel and get the Peakness (KURT) and the Skewness (SKEW) of the numbers you entered. Normal Distribution:- Chebychev's rule - Data is normally distributed if it fulfills the following 2 conditions:- 1. At least 3/4 of the data is
Words: 310 - Pages: 2
show your work as necessary. Other questions please show your work as well. _____1. Ten different senators are randomly selected without replacement, and the number of terms that they have served are recorded. Does this constitute a binomial distribution? Select an answer, and then state why. a. No b. Yes Why: _____2. Which of the following pairs are NOT independent events? a. Flipping a coin and getting a head, then flipping a coin and getting a tail b. Throwing a die and getting a 6
Words: 1209 - Pages: 5
NAME:_________________________ Sections 4 and 5 Class 05 Assignment Due Wed February 1, 2012 1. (EMBS problem 19, page 260) The average amount of precipitation in Dallas, Texas during April is 3.5 inches (The World Almanac, 2000). Assume that a normal distribution applies and that the standard deviation is 0.8 inches. a. What percentage of Aprils do we expect precipitation to exceed 5 inches? b. What percentage of Aprils do we expect less than 3 inches? c. A month is classified as extremely wet if the amount of precipitation
Words: 737 - Pages: 3
sier!™ ing Everything Ea Mak ta t i s t i c s S e nt ia l s Ess Learn: • Exactly what you need to know about statistical ideas and techniques • The “must-know” formulas and calculations • Core topics in quick, focused lessons Deborah Rumsey, PhD Auxiliary Professor and Statistics Education Specialist, The Ohio State University Statistics Essentials FOR DUMmIES ‰ by Deborah Rumsey, PhD Statistics Essentials For Dummies® Published by Wiley Publishing, Inc. 111 River St
Words: 31557 - Pages: 127
STYLIZED FACTS ON FFD FLOWS TO DEVELOPING COUNTRIES Figure 1: Correlation between FDI and some of its determinants i)Correlation with Haman Capital ii) Correlation with institution iii) Correlation with infrastructure iv) Correlation with market size v) Correlation with macroeconomic stability Description The Worldwide Governance Indicators (WGI) project reports aggregate and individual governance indicators
Words: 314 - Pages: 2
MAF759 - QUANTITATIVE METHODS FOR FINANCE Trimester 3, 2013 MAJOR ASSIGNMENT Due date: Friday 24th January 2014 This assignment is to be attempted by groups of three to four students. Students should form their own groups. Only electronic copy submission is required. An electronic copy of the assignment (containing all working in Excel) has to be uploaded to CloudDeakin by 24th January 2014. If you experience any problem in uploading the document, please contact the CloudDeakin help
Words: 899 - Pages: 4
Math 221 **** Example Format **** Week 6 Lab Submitted by: (Insert Name) Part 1. Normal Distributions and Birth Weights in America 1(a) 37 to 39 weeks as mean is around 7.33 lb. 1(b) 40 weeks as mean is around 7.72 lb. 1(c) 28 to 31 weeks as mean is 4.07 lb. 2(a) 99.88%, Excel command used was NORMDIST(5.5,1.88,1.19,TRUE). 2(b) 43.83% 2(c) 4.66% 2(d) 2.75% 3(a) Above 8.7269, Excel command used was NORMINV(0.9,7
Words: 842 - Pages: 4
procedure. If we had polled different residents, we might have gotten a different average social networking hours. In general, the characteristics of the observed distribution (mean, median, variance, range, IQR, etc.), change from sample to sample, and may never exactly match the population quantities. To visualize properties of sampling distributions, we will use the sampling lab, and the very nice website at: http://onlinestatbook.com/stat_sim/sampling_dist/index.html Statistical Inference: A body of
Words: 1435 - Pages: 6
STOCHASTIC FRONTIER ANALYSIS 1 MOTIVATION • Usual textbook presentations treat producers as successful optimizers. They maximize production, minimize cost, and maximize profits. • Conventional econometric techniques build on this paradigm to estimate production/cost/profit function parameters using regression techniques where deviations of observed choices from optimal ones are modeled as statistical noise. • However though every producer may attempt to optimize, not all of them may succeed
Words: 5436 - Pages: 22
mean is small. mean is large. standard deviation is small. 2. Question : If the population proportion is .4 with a sample size of 20, then is this sample large enough so that the sampling distribution of is a normal distribution. True False 3. Question : For non-normal populations, as the sample size (n) _________, the distribution of sample means approaches a/an __________ distribution. decreases, uniform increases, normal decreases, normal increases, uniform increases, exponential
Words: 370 - Pages: 2