Find the (a) mean, (b) median, (c) mode, and (d) midrange for the data and then (e) answer the given question. Listed below are the amounts (dollars) it costs for marriage proposal packages at different sports venues. Are there any outliers? 39 184 50 200 50 200 50 55 275 55 400 65 425 75 425 425 80 150 150 2500 3000 175 O 105 425 350 a. Find the mean. The mean is S (Type an integer or a decimal rounded to two decimal places as needed.) b. Find the median. The median is $ (Type an integer or a decimal rounded to two decimal places as needed.) c. Find the mode.
Inverse Normal Distribution
The method used for finding the corresponding z-critical value in a normal distribution using the known probability is said to be an inverse normal distribution. The inverse normal distribution is a continuous probability distribution with a family of two parameters.
Mean, Median, Mode
It is a descriptive summary of a data set. It can be defined by using some of the measures. The central tendencies do not provide information regarding individual data from the dataset. However, they give a summary of the data set. The central tendency or measure of central tendency is a central or typical value for a probability distribution.
Z-Scores
A z-score is a unit of measurement used in statistics to describe the position of a raw score in terms of its distance from the mean, measured with reference to standard deviation from the mean. Z-scores are useful in statistics because they allow comparison between two scores that belong to different normal distributions.
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 3 images
