Find a set of real-world numeric data set that has at least 20 values. It can be the same data set used in the Unit 1 assignment. Present the distribution of this data set in the following ways: As a stem plot. Include a legend explaining the meanings of the digits. As a relative frequency … Read more
Write a brief description of mean, median, mode, and standard deviation. Explain and provide how you would use the concepts of mean, median, mode, and standard deviation in the real world. Provide specific examples such as sports, politics, or finances.
1. Task Conduct manual fitting of the given data following the Three Activities discussed in the class. Activity I: (1) Draw a proper plot to represent the data (e.g., histogram, line graph) and (2) hypothesize the distribution that may best fit the data. Activity II: Estimate parameter(s) using the maximum likelihood estimation method. (hint: the … Read more
You have been hired by the D. M. Pan National Real Estate Company to develop a model to predict median housing prices for homes sold in 2019. The CEO of D. M. Pan wants to use this information to help their real estate agents better determine the use of square footage as a … Read more
Statistical Significance and Meaningfulness Once you start to understand how exciting the world of statistics can be, it is tempting to fall into the trap of chasing statistical significance. That is, you may be tempted always to look for relationships that are statistically significant and believe they are valuable solely because of their significance. Although … Read more
Scenario You have been hired by the Regional Real Estate Company to help them analyze real estate data. One of the companys Pacific region salespeople just returned to the office with a newly designed advertisement. It states that the average cost per square foot of his home sales is above the average cost per … Read more
Scenario You have been hired by the Regional Real Estate Company to help them analyze real estate data. One of the companys Pacific region salespeople just returned to the office with a newly designed advertisement. It states that the average cost per square foot of his home sales is above the average cost per square … Read more
Question 1: Part A: Use the Excel file titled, General-Electric and upload it into SPSS. Complete the following tasks and copy your results in a word document and submit your report. This file contains GEs daily stock market data covering the period of 12/13/2010 to 12/11/2018. The file contains a total of 2013 daily … Read more
Mike, Ana, Tiffany, Josh and Annie are heading to the store to get some snacks. Mike has $1, Ana has $2, Tiffany has $3, Josh has $4, and Annie has $5. What’s the average (mean) amount of cash the five kids have? What’s the median? A few days later, Annie’s family won the lottery, and … Read more
Required Software Microsoft Word Microsoft Excel Prepare Download the Follow along with the Week 5 Lab Video and fill out the Week 5 Lab Lecture Notes as you watch the video. Demonstrate Steps to Complete Week 5 Lab Use the Weeks 3 and 5 spreadsheets from the Weeks 3 and 5 Lessons to help … Read more