QuickHelper

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About QuickHelper

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Elementary,High School,College,University,PHD

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Accounting,Applied Sciences See all
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Teaching Since: May 2017
Last Sign in: 357 Weeks Ago, 1 Day Ago
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Education

  • MBA, PHD
    Phoniex
    Jul-2007 - Jun-2012

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  • Corportae Manager
    ChevronTexaco Corporation
    Feb-2009 - Nov-2016

Category > Accounting Posted 31 Aug 2017 My Price 11.00

Descriptive Statistics

Question description

 

Please prepare 2-3 paragraphs.

An important practice is to check the validity of any data set that you analyze. One goal is to detect typos in the data, and another would be to detect faulty measurements. Recall that outliers are observations with values outside the “normal” range of values of the rest of the observations.

Specify a large population that you might want to study and describe the type numeric measurement that you will collect (examples: a count of things, the height of people, a score on a survey, the weight of something). What would you do if you found a couple outliers in a sample of size 100? What would you do if you found two values that were twice as big as the next highest value?

You may use examples from your area of interest, such as monthly sales levels of a product, file transfer times to different computer on a network, characteristics of people (height, time to run the 100 meter dash, statistics grades, etc.), trading volume on a stock exchange, or other such things.

Answers

QuickHelper
(10)
Status NEW Posted 31 Aug 2017 06:08 PM My Price 11.00

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