The following information is provided as background to answer Question 1 to 5. A small segment of a sample dataset is given in the table below. Lead Studio Genre World Gross ($ millions) Budget ($ millions) WBB Action 626.13 110 WBB Action 440.04 110 Independent Action 63.781 30 Independent Drama 52.408 30 Question 1 How many variables are shown in the segment of data above?
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.
The following information is provided as background to answer Question 1 to 5.
A small segment of a sample dataset is given in the table below.
Lead Studio Genre World Gross ($ millions) Budget ($ millions)
WBB Action 626.13 110
WBB Action 440.04 110
Independent Action 63.781 30
Independent Drama 52.408 30
Question 1
How many variables are shown in the segment of data above?
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