he data below are the ages and annual pharmacy b ills (in dollars) of 9 randomly selected employees. Calculate the linear correlation coefficient. Round to thre Age, x 34 37 41 44 47 49 53 57 61 O Pharmacy bill ($), y 113 117 120 128 139 142 145 147 149 DA 0.960 OB. 0.890 DC. 0.998 OD. 0.908
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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