You can use the mean to answer some statistical questions: it is a measure of the central tendency of a set of data. However, it is no good in identifying the maximum value of a set of data, for example.
Yes
There are different methods for comparing the mean, variance or standard error, distribution or other characteristics of populations. Without more specific information it is not possible to answer the question.
What is the use of statistical inference in technology?
Use of statistical techniques in capital market?"
You know nothing about how to use statistical analysis to verify or test validity, do u.
Yes
Yes
Yes
you explain how to solve this question? If there is an equation that I can use will be appreciated. 70% of students answered question A correctly, 55% of students answered question B correctly, 20% of students answered neither question correctly. What is the percentage of students answered both question A and B correctly?
explain what you mean and maybe you question will be answerd.
The geometric mean is appropriate to use in statistical analysis when dealing with data that is positively skewed or when comparing values that are on a multiplicative scale, such as growth rates or investment returns.
There are different methods for comparing the mean, variance or standard error, distribution or other characteristics of populations. Without more specific information it is not possible to answer the question.
What is the use of statistical inference in technology?
Use of statistical techniques in capital market?"
this question is an American government question
Using the mean to answer a statistical question is beneficial because it provides a single, central value that summarizes a dataset, making it easier to understand overall trends. The mean incorporates all data points, which can highlight the typical value in a distribution. However, it's important to note that the mean can be influenced by outliers, so it may not always represent the dataset accurately, especially in skewed distributions. Therefore, it is often useful to consider the mean alongside other statistics like the median and mode for a more comprehensive analysis.
You know nothing about how to use statistical analysis to verify or test validity, do u.