Activity 5: Analyze Me Directions: Analyze the pie graph. Answer the questions that follow. Write your answer on your answer sheet. 25% EDUCATION 45% = MEDICINE 15% CLOTHING 15% FOOD Monthly Family Budget (Note: The family has a budget of 30,000 per month) 1. How much is the budget for food?, 2. How much is for education? 3. How much is the combined percentage for clothing and medicine?. 4. What budget has the highest percentage? 5 What is the least budget?,
Inverse Normal Distribution
The method used for finding the corresponding z-critical value in a normal distribution using the known probability is said to be an inverse normal distribution. The inverse normal distribution is a continuous probability distribution with a family of two parameters.
Mean, Median, Mode
It is a descriptive summary of a data set. It can be defined by using some of the measures. The central tendencies do not provide information regarding individual data from the dataset. However, they give a summary of the data set. The central tendency or measure of central tendency is a central or typical value for a probability distribution.
Z-Scores
A z-score is a unit of measurement used in statistics to describe the position of a raw score in terms of its distance from the mean, measured with reference to standard deviation from the mean. Z-scores are useful in statistics because they allow comparison between two scores that belong to different normal distributions.
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