What is the definition of average house income and median household income? Give example of both

Q: during what year were mean and median same value

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Q: A union restaurant and food-services worker would like to estimate the mean hourly wage.

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Q: What type of statistics is presented in the financial section of a newspaper, inferential or…

A: Descriptive statistics: Based on the situation, the data is collected. It is then organized and…

Q: What is the Special Status of the Mean?

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Q: Briefly explain what is meant by the term “descriptive statistics”.

A: We have to describe descriptive statistics here

Q: What does data mean in statistics definitions

A: Statistics:The science of collecting, analysing and making inference from data can be termed as…

Q: Explain why study statistics?

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Q: What is the median nutritional status for the 7 individuals?

A: The number of nutritional status is 7.

Q: What is the difference between mean, median, and mode? Give examples?

A: Mean:The arithmetic mean (also called the mean) is the most commonly used measure of central…

Q: What is an example of the use of statistics to make predictions and decisions in our daily lives?

A: Probability & Statistics can be used in our daily life in many activities like online shopping.

Q: What is the best estimate of the mean household income in this county?

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Q: What is the level of measurement for:  AGE  CHILDS  CLASS

A: Level of measurement: It is used to describe information within the values.

Q: The mean monthly electric bill for 132 residents of the local apartment complex is $86. What is the…

A: The best point estimate for a population mean is defined as the sample mean itself. Therefore the…

Q: What is the mean of 210, 160 and 200?

A: mean of n numbers  x1 , x2 , ... , xn is given as x1 + x2 + . . . + xnn

Q: Describe about the Mean as Balance Point?

A: Mean: The arithmetic mean (also called the mean) is the most commonly used measure of central…

Q: What is the test statistics? From the problem in the picture

A: Given - n1=20, x1=8.2, s1=5.9n2=30, x2=5.6, s2=5.7

Q: what was the primary use of statistics in ancient times

A: In ancient times, Statistics was primarily used by the rulers or kings in order to collect…

Q: How do you find the mean and median from a frequency chart ?

A: Frequency chart is the representation of frequency of various outcomes in a sample. **  Frequency…

Q: What is the median weight of college students?

A: Given: Weight Frequency 40-44 1 45-49 14 50-54 15 55-59 21 60-64 14 65-69 10 70-74…

Q: Discuss how the mean, median, mode and weighted mean are used in the statistical analysis during…

A: Mean of a set of observations is their sum divided by the number of observations the arithmetic mean…

Q: What is statistics and why do you need to use statistics in your research? How important are they?

A: Statistics: Statistics is the branch of mathematics that deals with the collection of data,…

Q: find mean and median for given data  15,89,78,58,69,74,58,95,35,23

A: Solution

Q: can you find median for given data  36,32,63,96,85,74,6,9,335,96,45,32,654,98,362,3

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Q: Explain the value of the business statistics in management

A: Statistical research in business enables managers to analyze past performance, predict future…

Q: Mean, median, mode comparison

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Q: find mean and median for given data  45,89,78,564,23,69,85,56,14,85

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Q: Explain HOUSING STATISTICS?

A: Housing statistics is the branch of social statistics that studies housing and the housing condition…

Q: How to determine to cut ap value in statistics?

A: P-value: The p-value is a measure of degree of the evidence against the null hypothesis. The…

Q: In 2014, approximately 2% of hourly rate workers were being paid at the federal minimum wage level…

A: The objective is to find out that an increase in the minimum wage has a greater effect on the mean…

Q: Is theory essential to the research process and statistics? Please Explain.

A: Introduction about Theory: Theory can be defined as the idea or concept that has no proof. It could…

Q: The table below lists the populations, in thousands, of several rural western countries. What is…

A: Mean is the average value of the observations.

Q: the average score for an entire population is an example of

A: Solution: Parameter: Parameters is fixed value  obtained from a all population or  whole population.…

Q: What are 2 situations when you will use median as a measure of central tendency.

A: The median is the midpoint of the data array when sorted in either increasing or decreasing order.

Q: What was the median commute time?

A: Here we want to know What was the median commute time.

Q: What is the definition of "median net worth?

A: The median of any data set represents that half of the values in the data set are lower than it and…

Q: What is the point estimator of the population proportion, p

A: Point estimator is a statistic that is used to estimate the population parameter.

Q: What is the level of measurement for:  DEGREE  EDUCATION INCOME

A: Nominal: Nominal scales are used for labeling variables without any quantitative value.…

Q: Do the concepts of class limits, marks, cutpoints, and midpoints make sense for qualitative data?…

A: Qualitative variable: A variable that is used for classification of individuals based on some…

Q: Do you think statistics is useful in business analysis? Discuss in not more than 150 words

A: Solution: Do you think statistics is useful in business analysis?

Q: Suppose you wanted to create an index for rating the quality of colleges and universities. What are…

A: An index is a composite statistic.

Q: Given the data below (average cost of books at 13 universities), find the mean, median, mode, and…

A: We know that  Mean = sum of observation/numbar of observation. Median=middle value of the data set.…

Q: What is the mean of following data. 23,24,56,87,99

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Q: What is the median  of the following scores: 37, 46, 12, 11, 50, 23, 18?

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Q: What is the median? 0 10 20 50

A: Solution: The given data is 0, 10, 20 and 50.

Q: The mean salary of ten employees is 32,000.00 and the median is 30,000.00. The highest paid…

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Q: Give the importance of statistics in education course and in everyday life

A: Statistics - it is the regulation that covers the collection, organization, analysis,…

Q: what is mean, median and mode

A: Solution Mean: The mean (average) of a data set is found by adding all numbers in the data set and…