the S&P 500? T 32. Car discounts. A researcher, interested in studying gen- der differences in negotiations, collects data on the prices that for new cars. Here is a histogram of the men and women рay discounts (the amount in $ below the list price) that men and women received at one car dealership for the last 100 transac- tions (54 men and 46 women). Give a short summary of this distribution (shape, center, spread, unusual features). What do you think might account for this particular shape? 147 viaN (s 12 - fosie dos 10 8 mber of Shoppers

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Types of Bias

Statistics is the study of data collection, organization, analysis, interpretation, and presentation. Statistical bias is a characteristic of a statistical technique or its findings in which the expected value deviates from the actual root quantitative parameter being estimated. According to the actual definition of bias, it refers to the tendency of a statistic to overestimate or underestimate a parameter.