This quick count gives you the frequency distribution of candy colors in your bag of candy, or, in other words, how many candies of each color were in your bag.You can make the following frequency table to desc
A better way to describe income is to figure out the median— or the middle wage. If you took that same list of incomes and found the median, you would get a more realistic representation of income. The median is the middle number, so if you placed all of the incomes in a list (fr...
There will be a strong degree of arbitrariness in the choice of the utility function, and some decision-makers would also be reluctant to specify the utility function as it reduces their flexibility to weight different concerns in specific cases. Risk should be possible to describe also in case...
Construct a histogram using the frequency data. Under what circumstances is it better to use the median to describe the center of a distribution? Explain. True or false? A median always exists in a set of numerical data. The median for the given set of six ordered data values is 33.5. ...
When writing your podcast description, be sure to: Make it engaging Ask a question Describe what you’re about Include your podcast’s value proposition Remember that podcast platforms are search engines also. You’ll want to include relevant keywords so people can find your show when sea...
Text Responses: “Describe any issues you faced while using our service.” 3. Categorical Data Categorical data is used to group responses into distinct categories. These categories can be nominal (no specific order) or ordinal (ordered). ...
(Table1), and its volume exceeded the largest documented terrestrial landslide in the last ~350,000 years7. It was previously thought that directly measuring powerful turbidity currents that reached the deep-sea was impractical8. However, here we describe direct monitoring of deep-sea turbidity ...
15.How would you describe yourself as a reader? It will help you understand where your students see themselves as readers. Based on the answer to this question, you can motivate them to read more. 16.Is there anything else about your reading life that you would like to share?
Besides, a theory that would exactly describe pricing on financial markets have not been yet created by now (I think it will never be created). The creation of the theory (discovery of mathematical nature) of financial markets itself would mean death of these markets which is an undecidable ...
Related to this QuestionWhat does a histogram look like, and what kind of variable is best represented by a histogram? Describe how the mean, mode, median, range, and standard deviation work together to describe the data presented in a histogram. a) What is the sampling distribution of ...