I'm working a case study for statistics and I wanted to verify if I did the problem correctly before submittal. Can you please look over my answer? Thank you for your assistanceQuestion: Standard Deviation - Which state has the greatest standard deviation? Explain your reasoning.My answerIndiana is the state that has the greatest standard deviation. The findings suggest that the quantity of employees varied more compared to the mean value.Thank you for assistance, I greatly appreciate your help! Number of Manufacturing Businesses by Number of EmployeesState1-45-910–1920–4950–99100–249250–499500–9991000+California15,3207,0745,8625,4942,2761,60943314481Illinois4,6832,2342,1032,1651,1238522419634Indiana2,2251,3191,2761,4037976402299948Michigan4,0552,1032,0082,0449748002547647New York7,0482,8102,3422,1348855871717524Ohio4,274 2,4692,2812,4951,23398231111251Pennsylvania4,5052,2922,1852,3351,1258602687935Техas7,0193,4092,9943,0781,5011,11435814563Wisconsin2,6571,3721,3421,5208897252279729

Name: I'm working a case study for statistics and I wanted to verify if I di
Uploaded: 2024-03-20T07:07:12.000Z
Channel: Bartleby
Description: I'm working a case study for statistics and I wanted to verify if I did the problem correctly before submittal. Can you please look over my answer? Thank you for your assistanceQuestion: Standard Deviation - Which state has the greatest standard devi

The standard deviation for each of the state can be calculated as; For California:

Answered: Number of Manufacturing Businesses by…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Related questions

Topic Video

Question

I'm working a case study for statistics and I wanted to verify if I did the problem correctly before submittal. Can you please look over my answer? Thank you for your assistance

Question: Standard Deviation - Which state has the greatest standard deviation? Explain your reasoning.

My answer

Indiana is the state that has the greatest standard deviation. The findings suggest that the quantity of employees varied more compared to the mean value.

Thank you for assistance, I greatly appreciate your help!

Number of Manufacturing Businesses by Number of Employees
State
1-4
5-9
10–19
20–49
50–99
100–249
250–499
500–999
1000+
California
15,320
7,074
5,862
5,494
2,276
1,609
433
144
81
Illinois
4,683
2,234
2,103
2,165
1,123
852
241
96
34
Indiana
2,225
1,319
1,276
1,403
797
640
229
99
48
Michigan
4,055
2,103
2,008
2,044
974
800
254
76
47
New York
7,048
2,810
2,342
2,134
885
587
171
75
24
Ohio
4,274 2,469
2,281
2,495
1,233
982
311
112
51
Pennsylvania
4,505
2,292
2,185
2,335
1,125
860
268
79
35
Техas
7,019
3,409
2,994
3,078
1,501
1,114
358
145
63
Wisconsin
2,657
1,372
1,342
1,520
889
725
227
97
29

Definition Definition Measure of central tendency that is the average of a given data set. The mean value is evaluated as the quotient of the sum of all observations by the sample size. The mean, in contrast to a median, is affected by extreme values. Very large or very small values can distract the mean from the center of the data. Arithmetic mean: The most common type of mean is the arithmetic mean. It is evaluated using the formula: μ = 1 N ∑ i = 1 N x i Other types of means are the geometric mean, logarithmic mean, and harmonic mean. Geometric mean: The nth root of the product of n observations from a data set is defined as the geometric mean of the set: G = x 1 x 2 ... x n n Logarithmic mean: The difference of the natural logarithms of the two numbers, divided by the difference between the numbers is the logarithmic mean of the two numbers. The logarithmic mean is used particularly in heat transfer and mass transfer. ln x 2 − ln x 1 x 2 − x 1 Harmonic mean: The inverse of the arithmetic mean of the inverses of all the numbers in a data set is the harmonic mean of the data. 1 1 x 1 + 1 x 2 + ...

Expert Solution

Trending now

This is a popular solution!

Step by step

Solved in 10 steps with 10 images

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

$Hypothesis Tests and Confidence Intervals for Means$

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.

Similar questions