Eight car dealerships reported the number of cars they sold last month. Car Dealership Number of Cars Sold GMC 84 Chevrolet 81 Nissan 92 Toyota 92 Ford 95 Honda 94 Hyundai 80 Acura 72 What is the upper and lower quartile of this set of data? lower quartile: 80.5 upper quartile: 93 lower quartile: 88 upper quartile: 93 lower quartile: 80.5 upper quartile: 88 lower quartile: 72 upper quartile: 95
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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Car Dealership
|
Number of Cars Sold
|
GMC
|
84
|
Chevrolet
|
81
|
Nissan
|
92
|
Toyota
|
92
|
Ford
|
95
|
Honda
|
94
|
Hyundai
|
80
|
Acura
|
72
|
What is the upper and lower
upper quartile: 93
upper quartile: 93
upper quartile: 88
upper quartile: 95
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