Dr Nick

(4)

$14/per page/Negotiable

About Dr Nick

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Art & Design,Computer Science See all
Art & Design,Computer Science,Engineering,Information Systems,Programming Hide all
Teaching Since: May 2017
Last Sign in: 339 Weeks Ago, 5 Days Ago
Questions Answered: 19234
Tutorials Posted: 19224

Education

  • MBA (IT), PHD
    Kaplan University
    Apr-2009 - Mar-2014

Experience

  • Professor
    University of Santo Tomas
    Aug-2006 - Present

Category > Statistics Posted 10 Nov 2017 My Price 11.00

a lottery prize of $100000,

Resistant in this case means it can withstand extreme values.

Example: Imagine a group of 101 people who have an average (= mean ) of $1000 in the bank. It also happens that the middle man (after sorting on bank balance) also has $1000 in the bank. This median means, that 50(%) have less and 50 have more.

Now one of them wins a lottery prize of $100000, and he decides to put it in the bank. The mean will immediately go up from $1000 to near $2000, as it is computed by dividing total amount by 101. The median ("middle of the row") will be undisturbed, as there will be still 50 with less, and 50 with more money in the bank.

Answers

Dr Nick
(4)
Status NEW Posted 10 Nov 2017 10:11 AM My Price 11.00

Hel-----------lo -----------Sir-----------/Ma-----------dam-----------Tha-----------nk -----------you----------- fo-----------r v-----------isi-----------tin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------acq-----------uis-----------iti-----------on -----------of -----------my -----------pos-----------ted----------- so-----------lut-----------ion----------- pl-----------eas-----------e p-----------ing----------- me----------- on----------- ch-----------at -----------I a-----------m o-----------nli-----------ne -----------or -----------inb-----------ox -----------me -----------a m-----------ess-----------age----------- I -----------wil-----------l

Not Rated(0)