1. Identify the Mean, Median, and Mode of Bitcoin Price from October 8 to 172. Identify the Mean, Median, and Mode from October 1 - 30 and Create a Normal Distribution Curve using z score3. Create a Normal Distribution Curve of Price Fluctuation between 70 - 90kPlease answer step by step with clear solution ABelow are the Price Fluctuation of Bitcoin from October 1-30, 2022 during 04:00-16:00 (time)October123456767891011SE1213141516171819202122232425262728293004:00-08:00 (k in thousands)67k54k24k56k74k34k56k74k67k65k97k78k72k77k97k78k73k97k78k97k79k97k78k78k87k76k99k89k76k54kPRICE08:00-12:00 (k in thousands)7067958635791697789595867997786579977997788997999978799778765412:00-16:00 (k inthousands)799778959586357895863567896589899799766778877678799778765467

The price fluctuations for Bitcoin are given. There are three categories- 04:00 to 08:00, 08:00 to…

Answered: Identify the Mean, Median, and Mode of…

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Author:Amos Gilat

Publisher:Amos Gilat

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1. Identify the Mean, Median, and Mode of Bitcoin Price from October 8 to 17 2. Identify the Mean, Median, and Mode from October 1 - 30 and Create a Normal Distribution Curve using z score 3. Create a Normal Distribution Curve of Price Fluctuation between 70 - 90k Please answer step by step with clear solution

A
Below are the Price Fluctuation of Bitcoin from October 1-30, 2022 during 04:00-16:00 (time)
October
1
2
3
4
567
6
7
8
9
10
11
SE
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
04:00-08:00 (k in thousands)
67k
54k
24k
56k
74k
34k
56k
74k
67k
65k
97k
78k
72k
77k
97k
78k
73k
97k
78k
97k
79k
97k
78k
78k
87k
76k
99k
89k
76k
54k
PRICE
08:00-12:00 (k in thousands)
70
67
95
86
35
79
16
97
78
95
95
86
79
97
78
65
79
97
79
97
78
89
97
99
99
78
79
97
78
76
54
12:00-16:00 (k in
thousands)
79
97
78
95
95
86
35
78
95
86
35
67
89
65
89
89
97
99
76
67
78
87
76
78
79
97
78
76
54
67

Definition Definition Measure of central tendency that is the value that occurs most frequently in a data set. A data set may have more than one mode if multiple categories repeat an equal number of times. For example, in a data set with five item—3, 5, 5, 29, 473—the mode is 5 because it occurs twice and no other value occurs more than once. On a histogram or bar chart, the element with the highest bar represents the mode. Therefore, the mode is sometimes considered the most popular option. The mode is useful for nominal or categorical data (e.g., the most common color car that users purchase), but it is problematic for continuous data because it is more likely not to have any value that is more frequent than the other.

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