StudentShare solutions
Triangle menu

Wk3Stat - Essay Example

Nobody downloaded yet

Extract of sample
Wk3Stat

Consider the case of the scores of the class under consideration. A sample of their plots would look as shown below:
The above plot has a slight positive skew. A look at the figure will show that these measures do not differ significantly in this case although they may be typically up or above one another. However, there are several cases where these measures vary significantly. Consider the case of any organization, where the salary varies depending on the designation of the employee. Typically, as one goes up the hierarchy, the salaries increase and vary inversely to the number of employees at a particular level. In a regular case, the number of low level employees is the most while their salaries are the least in the firm. As one moves up the hierarchy, the salary increases and reaches a maximum with the top executive management, which is usually the least in population. When the salaries are plotted on the graph against the number of people receiving it, the resulting graph is said to be highly skewed as shown below:
The relatively large skew in the above graph results in very different values for these measures. In this scenario, determining the mean will not present a true picture as only a fraction of the entire employees would be drawing such salaries while the maximum number of employees would be drawing much lesser salaries. However, the mode would clearly present a clear figure on the maximum number of people employed at a particular salary level. The mean would further not provide any clear picture of the highest amount being drawn by a minute section of the employees, namely the top management, leading to discrepancies in statistical estimates. In such scenarios, the mode is the preferred choice to estimate the maximum number of employees within the ...Show more

Summary

The score of each student serves as an observation and the set of their scores will serve as the analysis set. Measures of central tendency are usually reported using three distinct variables namely the mean, median and…
Author : augustusbernhar
Wk3Stat essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Wk3Stat"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

Impact of UK reservoirs on the surrounding environment
The study has been focused on the UK reservoirs and their impacts on the surrounding environments. From the study it can be opined and concluded that the use of reservoirs proves to be highly significant for several purposes and thus the protection and safety of the reservoirs also finds sincere consideration by the government of a nation like the UK.
34 pages (8500 words) Dissertation
How advertisements reveal changing gender relations
Studies reveal the fact that the common tendency in advertisements is to present females as weak, submissive, and irrational creatures who are born to exhibit and are pleased at ornaments, dresses and beauty products.
3 pages (750 words) Essay
Digital Audio
Several research and development processes were initiated which finally ushered in the digital age of audio. There were earlier attempts as well. Since the invention of audio recording and playback systems, human beings always strove to create a system which is more accurate and efficient.
5 pages (1250 words) Research Paper
A Raising in the Sun - Old and New Movie Comparison
Achieving dreams becomes even more difficult if the dreamer is a single African-American mother living in America during 1960s. The newer version of the movie is closer to the original play written by Hansberry. Almost every individual has one or more passionate dreams in his/her life.
3 pages (750 words) Essay
Logic According to Husserl
It is difficult to define logic in few words. Broadly speaking, logic helps us to learn more about correct reasoning. Critical thinking is necessary to arrive at sound judgments and logic helps us to analyze things based on reasoning. For example, logic helped us to unveil many of the mysteries about the origin of this world.
4 pages (1000 words) Essay
Undertaking intelligent intermittent auscultation
One of the most important tools in fetal heart monitoring is the cardiotocograph. It records the both fetal heart rate and maternal uterine contractions at the same time. The principle behind cardiotocographic monitoring and analysis is very important to understand.
3 pages (750 words) Essay
Critical Incident Reporting
ICU Consultant and a junior staff nurse to the parents. The family appeared to fully understand the news of brain stem death. The family belonged to the Roman Catholic faith. Organ donation was also mentioned to them but they were opposed to the idea of organ donation.
12 pages (3000 words) Case Study
Team mission statement
As a guide to the members, the mission statement is essential in creating a standard where the actions of the team members will be based. The mission statement could be changed in
2 pages (500 words) Essay
Review of The End of Education by Neil Postman
The god addresses the young and asserts that the aim of schooling is to prepare them to become competent when they enter the economic life of the community. From his argument, it is clear that a school that is not in line with the god of Economic Utility has no
4 pages (1000 words) Research Paper
Thought journal final
At age 8 Donald joined elementary school in the town and was subsequently promoted to grade 7 at only ten years of age. Due to his rebellious nature, he failed in
6 pages (1500 words) Essay
Hire a pro to write
a paper under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT
Comments (0)
Click to create a comment