The given table shows the profits earned by two food trucks during the summer months. Food Truck Profits ($) Plizza Truck Burger Truck May 400 800 June 800 700 July 1,000 900 August 1,000 800 Click true statements about the data. A. The Pizza Truck has the same mean profit as the Burger Truck. B. The Burger Truck has the same median profit as the Pizza Truck. C. The Pizza Truck has a greater mean profit than the Burger Truck. D. The Burger Truck has a greater median profit than the Pizza Truck. E. The Pizza Truck has a greater medlan profit than the Burger Truck.
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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