Monday, April 18, 2011
Increasing accuracy of standard error
Using the equation for calculating standard error as a reference, how are researchers able to increase accuracy.
Relationship Between Variables
Find the sample covariance of the data below and tell if the variables have a direct or inverse relation.
| x | y |
| 2 | 5 |
| 4 | 11 |
| 6 | 13 |
| 8 | 17 |
| 10 | 21 |
Sunday, April 17, 2011
Find the Coefficient of Variation
Calculate the coefficient of variation first finding the mean and the standard deviation using this data set:
50, 52, 38, 65, 57, 48, 60, 53, 55, 44
How do prices of sandals vary?
Here is the list of prices ($) for sandals at payless.com:
20, 15, 25, 17, 27, 23, 10, 28
1. What is the average price of a pair of sandal?
2. How do the prices of sandals vary compared to the average price?
20, 15, 25, 17, 27, 23, 10, 28
1. What is the average price of a pair of sandal?
2. How do the prices of sandals vary compared to the average price?
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