(Answered) 1 what is the purpose and function ofa the eld of study of

Statistics

1. What is the purpose and function of

(a) The ?eld of study of statistics?

(b) Descriptive sta- tistics?

2. (a) Are descriptive or inferential statistics more important today?

(b) What is the importance of a representative sample in statistical inference?

View complete question

Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M91564402
Price:- $30

Verified Expert

Priced at $60 Now at $30, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Statistics and Probability

In a health club research shows that on average patrons

In a health club, research shows that on average, patrons spend an average of 42.5 minutes on the treadmill, with a standard deviation of 4.8 minutes. It is assumed that this is a normally distributed variable. Find the ...

A normal distribution has a mean equal tonbsp45 what is the

A normal distribution has a mean equal to 45. What is the standard deviation of this normal distribution if 2.5% of the proportion under the curve lies to the right of x = 52.84? (Round your answer to two decimal plac ...

A researcher selects from a participant pool of 8 males and

A researcher selects from a participant pool of 8 males and 11 females. He determines that the probability of selecting 2 female participants is p = .335. Based on this probability, what strategy did the researcher use t ...

The distance between the y value in the data and the

The distance between the Y value in the data and the predicted Y value from the regression equation is known as the residual. What is the value for the sum of the squared residuals?

A banks loan officer rates applicants for credit the

A banks loan officer rates applicants for credit. The ratings are normally distributed with a mean of 200 and a standard deviation of 50. If an applicant is randomly selected, find the probability of a rating that is bet ...

The mean of the annual return for common stocks from 1926

The mean of the annual return for common stocks from 1926 to 1992 was 16.5%, and the standard deviation of the annual return was 19%. In later parts of the question we will ask: a. What is the probability that the stock ...

The time spent in days waiting for a heart transplant can

The time spent (in days) waiting for a heart transplant can be approximated by a normal distribution. Day range of 60-200. u=129 o=20.2. (a) What is the shortest number of days spent that would put a patient in the top ...

In a random sample of 100 college student 60 were females

In a random sample of 100 college student 60 were females, 65 were under 21 years of age and 15 males were 21 years of age or older, a student is selected at random from the sample. What is the probability that a female ...

The weights of bags of peas are normally distributed with a

The weights of bags of peas are normally distributed with a mean of 12.08 ounces and a standard deviation of 1.03 ounces. Bags in the upper 4% are too heavy and must be repackaged. What is the most that bag and weigh and ...

If net income in 2012 956 and if the following changes

If net income in 2012 = $956, and if the following changes occur between 2011 and 2012, compute Net Cash Flow from Operating Activities for 2012: Accounts receivable change from $157 to $237 Gross fixed assets change fro ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Statistics and Probability Expert