Question

3. Mean a) Many people already know how to find the mean (average) of a sample...

3. Mean

a) Many people already know how to find the mean (average) of a sample of data by "adding all the numbers and dividing by the number of values in the dataset." Read Chapter 4, and then describe, in your own words, another method of finding the mean by using the sample space (list of possible values) and probabilities (the technique is in the book). Create a list of seven, 2-digit numbers (with no duplicates) and another set of seven probabilities (with no duplicates). The probabilities must add to 1.

Open R, and manually enter those numbers and their corresponding probabilities to calculate the mean using only addition and multiplication (in other words, enter only the numbers, the plus sign, and the * for multiplication, like on the bottom of Yakir, 2011, p. 57). Paste all the R output into your learning journal.

b) Describe in your own words what your calculation is doing and what the answer means.

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
2. Vocabulary and R functions a) What does the symbol x-bar represent? b) What does the...
2. Vocabulary and R functions a) What does the symbol x-bar represent? b) What does the Greek letter mu (μ) represent? c) What is the difference between x-bar and mu? 3. Mean a) Many people already know how to find the mean (average) of a sample of data by "adding all the numbers and dividing by the number of values in the dataset. In your own words, another method of finding the mean by using the sample space (list of...
Data For Tasks 1-8, consider the following data: 7.2, 1.2, 1.8, 2.8, 18, -1.9, -0.1, -1.5,...
Data For Tasks 1-8, consider the following data: 7.2, 1.2, 1.8, 2.8, 18, -1.9, -0.1, -1.5, 13.0, 3.2, -1.1, 7.0, 0.5, 3.9, 2.1, 4.1, 6.5 In Tasks 1-8 you are asked to conduct some computations regarding this data. The computation should be carried out manually. All the steps that go into the computation should be presented and explained. (You may use R in order to verify your computation, but not as a substitute for conducting the manual computations.) A Random...
PROJECT B 1. Flip a coin 120 times. In order to be organized, please record the...
PROJECT B 1. Flip a coin 120 times. In order to be organized, please record the results of this experiment in 5 rows, with 24 flips per row. For example, the first row may be HTHTTTHTTHTTHHHTTHTHHHHT If you do not desire to flip a coin manually, STATDISK can be used to simulate the process. To use STATDISK, go to “Data” at the top of the STATDISK window, and then choose “Coins Generator”. The “Coin Toss Simulator” window will appear. Then...
I've posted this question like 3 times now and I can't seem to find someone that...
I've posted this question like 3 times now and I can't seem to find someone that is able to answer it. Please can someone help me code this? Thank you!! Programming Project #4 – Programmer Jones and the Temple of Gloom Part 1 The stack data structure plays a pivotal role in the design of computer games. Any algorithm that requires the user to retrace their steps is a perfect candidate for using a stack. In this simple game you...
Please read the article and answear about questions. Determining the Value of the Business After you...
Please read the article and answear about questions. Determining the Value of the Business After you have completed a thorough and exacting investigation, you need to analyze all the infor- mation you have gathered. This is the time to consult with your business, financial, and legal advis- ers to arrive at an estimate of the value of the business. Outside advisers are impartial and are more likely to see the bad things about the business than are you. You should...
Gender Bias in the Executive Suite Worldwide The Grant Thornton International Business Report (IBR) has described...
Gender Bias in the Executive Suite Worldwide The Grant Thornton International Business Report (IBR) has described itself as "a quarterly survey of business leaders from across the globe … surveying 11,500 businesses in 40 economies across the globe on an annual basis." 1 According to the 2011 IBR, the Asia Pacific region had a higher percentage (27 percent) of female chief executive officers (CEOs) than Europe and North America. Japan is the only Asia Pacific region exception. The report further...
Using the model proposed by Lafley and Charan, analyze how Apigee was able to drive innovation....
Using the model proposed by Lafley and Charan, analyze how Apigee was able to drive innovation. case:    W17400 APIGEE: PEOPLE MANAGEMENT PRACTICES AND THE CHALLENGE OF GROWTH Ranjeet Nambudiri, S. Ramnarayan, and Catherine Xavier wrote this case solely to provide material for class discussion. The authors do not intend to illustrate either effective or ineffective handling of a managerial situation. The authors may have disguised certain names and other identifying information to protect confidentiality. This publication may not be...
Sign In INNOVATION Deep Change: How Operational Innovation Can Transform Your Company by Michael Hammer From...
Sign In INNOVATION Deep Change: How Operational Innovation Can Transform Your Company by Michael Hammer From the April 2004 Issue Save Share 8.95 In 1991, Progressive Insurance, an automobile insurer based in Mayfield Village, Ohio, had approximately $1.3 billion in sales. By 2002, that figure had grown to $9.5 billion. What fashionable strategies did Progressive employ to achieve sevenfold growth in just over a decade? Was it positioned in a high-growth industry? Hardly. Auto insurance is a mature, 100-year-old industry...
Please answer the following Case analysis questions 1-How is New Balance performing compared to its primary...
Please answer the following Case analysis questions 1-How is New Balance performing compared to its primary rivals? How will the acquisition of Reebok by Adidas impact the structure of the athletic shoe industry? Is this likely to be favorable or unfavorable for New Balance? 2- What issues does New Balance management need to address? 3-What recommendations would you make to New Balance Management? What does New Balance need to do to continue to be successful? Should management continue to invest...
The Business Case for Agility “The battle is not always to the strongest, nor the race...
The Business Case for Agility “The battle is not always to the strongest, nor the race to the swiftest, but that’s the way to bet ’em!”  —C. Morgan Cofer In This Chapter This chapter discusses the business case for Agility, presenting six benefits for teams and the enterprise. It also describes a financial model that shows why incremental development works. Takeaways Agility is not just about the team. There are product-management, project-management, and technical issues beyond the team’s control. Lean-Agile provides...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT