Purchase Solution

Summary Statistics and Data Collection

Not what you're looking for?

Ask Custom Question

What are the three measures of central tendency?

What are measures of variation?

How do you determine which summary statistics (numerical measures) are most appropriate to describe certain variables?

How do you determine which graph types are most appropriate to describe certain variables?

Which numerical measures (summary descriptive statistics) are most appropriate for discrete data or for continuous data?

Purchase this Solution

Solution Summary

In-brief answers to a few questions related to summary statistics.

Solution Preview

What are the three measures of central tendency?
Answer: Mean, mode, median

What are measures of variation?
Answer: Range, Standard deviation (square: variance)

How do you determine which summary statistics (numerical measures) are most appropriate to describe certain ...

Solution provided by:
Education
  • BEng, Allahabad University, India
  • MSc , Pune University, India
  • PhD (IP), Pune University, India
Recent Feedback
  • " In question 2, you incorrectly add in the $3.00 dividend that was just paid to determine the value of the stock price using the dividend discount model. In question 4 response, it should have also been recognized that dividend discount models are not useful if any of the parameters used in the model are inaccurate. "
  • "feedback: fail to recognize the operating cash flow will not begin until the end of year 3."
  • "Answer was correct"
  • "Great thanks"
  • "Perfect solution..thank you"
Purchase this Solution


Free BrainMass Quizzes
Terms and Definitions for Statistics

This quiz covers basic terms and definitions of statistics.

Measures of Central Tendency

This quiz evaluates the students understanding of the measures of central tendency seen in statistics. This quiz is specifically designed to incorporate the measures of central tendency as they relate to psychological research.

Measures of Central Tendency

Tests knowledge of the three main measures of central tendency, including some simple calculation questions.

Know Your Statistical Concepts

Each question is a choice-summary multiple choice question that presents you with a statistical concept and then 4 numbered statements. You must decide which (if any) of the numbered statements is/are true as they relate to the statistical concept.