The monthly rents (in dollars) paid by 9 people are given below. (Note that these are already ordered from least to greatest.) 730, 845, 895, 925, 955, 1070, 1105, 1125, 1125 Send data to calculator Suppose that one of the people moves. His rent changes from $1125 to $1080. Answer the following. (a) What happens to the mean? OIt decreases by O It increases by S O It stays the same. (b) What happens to the median? O It decreases by S O It increases by S. O It stays the same.
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.
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
