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Univariate data

Student learning objectives

  • The student will design and carry out a survey.
  • The student will analyze and graphically display the results of the survey.

Instructions

As you complete each task below, check it off. Answer all questions in your summary.
____ Decide what data you are going to study.

Here are two examples, but you may NOT use them: number of M&M's per bag, number of pencils students have in their backpacks.


____ Are your data discrete or continuous? How do you know?
____ Decide how you are going to collect the data (for instance, buy 30 bags of M&M's; collect data from the World Wide Web).
____ Describe your sampling technique in detail. Use cluster, stratified, systematic, or simple random (using a random number generator) sampling. Do not use convenience sampling. Which method did you use? Why did you pick that method?
____ Conduct your survey. Your data size must be at least 30.
____ Summarize your data in a chart with columns showing data value, frequency, relative frequency and cumulative relative frequency.
Answer the following (rounded to two decimal places):
  1. x ¯ = _____
  2. s = _____
  3. First quartile = _____
  4. Median = _____
  5. 70 th percentile = _____
____ What value is two standard deviations above the mean?

____ What value is 1.5 standard deviations below the mean?
____ Construct a histogram displaying your data.
____ In complete sentences, describe the shape of your graph.
____ Do you notice any potential outliers? If so, what values are they? Show your work in how you used the potential outlier formula to determine whether or not the values might be outliers.
____ Construct a box plot displaying your data.
____ Does the middle 50% of the data appear to be concentrated together or spread apart? Explain how you determined this.
____ Looking at both the histogram and the box plot, discuss the distribution of your data.

Assignment checklist

You need to turn in the following typed and stapled packet, with pages in the following order:

  • Cover sheet : name, class time, and name of your study
  • Summary page : This should contain paragraphs written with complete sentences. It should include answers to all the questions above. It should also include statements describing the population under study, the sample, a parameter or parameters being studied, and the statistic or statistics produced.
  • URL for data, if your data are from the World Wide Web
  • Chart of data, frequency, relative frequency, and cumulative relative frequency
  • Page(s) of graphs: histogram and box plot

Continuous distributions and central limit theorem

Student learning objectives

  • The student will collect a sample of continuous data.
  • The student will attempt to fit the data sample to various distribution models.
  • The student will validate the central limit theorem.

Instructions

As you complete each task below, check it off. Answer all questions in your summary.

Part i: sampling

____ Decide what continuous data you are going to study. (Here are two examples, but you may NOT use them: the amount of money a student spent on college supplies this term, or the length of time distance telephone call lasts.)
____ Describe your sampling technique in detail. Use cluster, stratified, systematic, or simple random (using a random number generator) sampling. Do not use convenience sampling. What method did you use? Why did you pick that method?
____ Conduct your survey. Gather at least 150 pieces of continuous, quantitative data .
____ Define (in words) the random variable for your data. X = _______
____ Create two lists of your data: (1) unordered data, (2) in order of smallest to largest.
____ Find the sample mean and the sample standard deviation (rounded to two decimal places).

  1. x ¯ = ______
  2. s = ______
____ Construct a histogram of your data containing five to ten intervals of equal width. The histogram should be a representative display of your data. Label and scale it.

Questions & Answers

it is the relatively stable flow of income
Chidubem Reply
what is circular flow of income
Divine Reply
branches of macroeconomics
SHEDRACK Reply
what is Flexible exchang rate?
poudel Reply
is gdp a reliable measurement of wealth
Atega Reply
introduction to econometrics
Husseini Reply
Hi
mostafa
hi
LEMLEM
hello
Sammol
hi
Mahesh
bi
Ruqayat
hi
Ruqayat
Hi fellas
Nyawa
hey
Sammol
hi
God
hello
Jahara
Good morning
Jorge
hi
abubakar
hi
Nmesoma
hi
Mahesh
Hi
Tom
Why is unemployment rate never zero at full employment?
Priyanka Reply
bcoz of existence of frictional unemployment in our economy.
Umashankar
what is flexible exchang rate?
poudel
due to existence of the pple with disabilities
Abdulraufu
the demand of a good rises, causing the demand for another good to fall
Rushawn Reply
is it possible to leave every good at the same level
Joseph
I don't think so. because check it, if the demand for chicken increases, people will no longer consume fish like they used to causing a fall in the demand for fish
Anuolu
is not really possible to let the value of a goods to be same at the same time.....
Salome
Suppose the inflation rate is 6%, does it mean that all the goods you purchase will cost 6% more than previous year? Provide with reasoning.
Geetha Reply
Not necessarily. To measure the inflation rate economists normally use an averaged price index of a basket of certain goods. So if you purchase goods included in the basket, you will notice that you pay 6% more, otherwise not necessarily.
Waeth
discus major problems of macroeconomics
Alii Reply
what is the problem of macroeconomics
Yoal
Economic growth Stable prices and low unemployment
Ephraim
explain inflationcause and itis degre
Miresa Reply
what is inflation
Getu
increase in general price levels
WEETO
Good day How do I calculate this question: C= 100+5yd G= 2000 T= 2000 I(planned)=200. Suppose the actual output is 3000. What is the level of planned expenditures at this level of output?
Chisomo Reply
how to calculate actual output?
Chisomo
how to calculate the equilibrium income
Beshir
Criteria for determining money supply
Thapase Reply
who we can define macroeconomics in one line
Muhammad
Aggregate demand
Mohammed
C=k100 +9y and i=k50.calculate the equilibrium level of output
Mercy Reply
Hi
Isiaka
Hi
Geli
hy
Man
👋
Bahunda
hy how are you?
Man
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Amisha
how are you guys
Sekou
f9 guys
Amisha
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Sekou
ys am also fine
Amisha
fine and you guys
Geli
from Nepal
Amisha
nawalparasi district from belatari
Amisha
nd u
Amisha
I am Camara from Guinea west Africa... happy to meet you guys here
Sekou
ma management ho
Amisha
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Amisha
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Amisha
belatari
Amisha
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Amisha
nd u
Amisha
ahh
Amisha
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Amisha
ys
Amisha
kina k vo
Amisha
money as unit of account means what?
Kalombe
A unit of account is something that can be used to value goods and services and make calculations
Jim
all of you please speak in English I can't understand you're language
Muhammad
I want to know how can we define macroeconomics in one line
Muhammad
it must be .9 or 0.9 no Mpc is greater than 1 Y=100+.9Y+50 Y-.9Y=150 0.1Y/0.1=150/0.1 Y=1500
Kalombe
Mercy is it clear?😋
Kalombe
hi can someone help me on this question If a negative shocks shifts the IS curve to the left, what type of policy do you suggest so as to stabilize the level of output? discuss your answer using appropriate graph.
Galge Reply
if interest rate is increased this will will reduce the level of income shifting the curve to the left ◀️
Kalombe
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Source:  OpenStax, Introductory statistics. OpenStax CNX. May 06, 2016 Download for free at http://legacy.cnx.org/content/col11562/1.18
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