john is analyzing the relative dispersion of two variables: GDP in dollars and average life expectancy. Which statistical measure should he use?
Correlation Coefficient |
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Coefficient of Variation |
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Standard Deviation |
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Coefficient of Determination |
You are trying to decide whether to run a t-test for sample means assuming equal or unequal variances. What should you do?
Run a regular z-test and use the sample correction factor. |
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Run an F-test for variances to determine whether or not the variances are equal. |
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Assume the results will agree with the paired t-test and run that test instead. |
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Run an ANOVA test to determine if the variances are the same. |
john is analyzing the relative dispersion of two variables: GDP in dollars and average life expectancy. Which statistical measure should he use?
relative dispersion is a techniques used Coefficient of Variation method to compare the dispersion
b) Coefficient of Variation
You are trying to decide whether to run a t-test for sample means assuming equal or unequal variances. What should you do?
Task is to run the F test and determine the further process
b) Run an F-test for variances to determine whether or not the variances are equal.
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