The numbers of orders placed online with Jaysmart Electronics for the last 12 months were: 1136 1090 1273 1104 1180 1271 1211 887 1008 1300 1370 1263 a. Compute the range. b. Compute the mean deviation.
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 numbers of orders placed online with Jaysmart Electronics for the last 12 months were:
1136 1090 1273 1104 1180 1271 1211 887 1008 1300 1370 1263
a. Compute the
b. Compute the
The numbers of orders placed online with Jaysmart Electronics for the last 12 months were:
1136 1090 1273 1104 1180 1271 1211 887 1008 1300 1370 1263
a. Compute the range.
b. Compute the mean deviation.
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