Significant Values. In Exercises 9-12, consider a value to be significantly low if its z score is less than or equal to −2 or consider the value to be significantly high if its z score is greater than or equal to 2 . 9. ACT The ACT test is used to assess readiness for college. In a recent year, the mean ACT score was 21.1 and the standard deviation was 5.1. Identify the ACT scores that are significantly low or significantly high.
Significant Values. In Exercises 9-12, consider a value to be significantly low if its z score is less than or equal to −2 or consider the value to be significantly high if its z score is greater than or equal to 2 . 9. ACT The ACT test is used to assess readiness for college. In a recent year, the mean ACT score was 21.1 and the standard deviation was 5.1. Identify the ACT scores that are significantly low or significantly high.
Significant Values. In Exercises 9-12, consider a value to be significantly low if its z score is less than or equal to −2 or consider the value to be significantly high if its z score is greater than or equal to 2.
9. ACT The ACT test is used to assess readiness for college. In a recent year, the mean ACT score was 21.1 and the standard deviation was 5.1. Identify the ACT scores that are significantly low or significantly high.
Definition Definition Measure of central tendency that is the average of a given data set. The mean value is evaluated as the quotient of the sum of all observations by the sample size. The mean, in contrast to a median, is affected by extreme values. Very large or very small values can distract the mean from the center of the data. Arithmetic mean: The most common type of mean is the arithmetic mean. It is evaluated using the formula: μ = 1 N ∑ i = 1 N x i Other types of means are the geometric mean, logarithmic mean, and harmonic mean. Geometric mean: The nth root of the product of n observations from a data set is defined as the geometric mean of the set: G = x 1 x 2 ... x n n Logarithmic mean: The difference of the natural logarithms of the two numbers, divided by the difference between the numbers is the logarithmic mean of the two numbers. The logarithmic mean is used particularly in heat transfer and mass transfer. ln x 2 − ln x 1 x 2 − x 1 Harmonic mean: The inverse of the arithmetic mean of the inverses of all the numbers in a data set is the harmonic mean of the data. 1 1 x 1 + 1 x 2 + ...
Basic Business Statistics, Student Value Edition (13th Edition)
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