Question

b. Calculate and interpret mean, median and mode for both the variables, and comment about the shape of the distribution using the relationship between mean, median and mode. Keeping in view the shape of both the variables, which measure of central tendency do you think is the most appropriate among all. c. Apply all the absolute measures of dispersion as well as relative measures of dispersion to compare the amount of spread in both the variables.(Standard deviation, mean deviation from median) d. Knowing the shape of the distribution, which measure of dispersion is the most appropriate one, report and interprets your results. e. Calculate the first four moments about mean. f. Discuss the shape of the distribution with respect to moments about mean, do they coincide with the conclusion obtained in (b). g. Find moment ratio b? and b?. Which variable has its distribution closer to the normal probability distribution and why, please discuss? h. Keeping in view all the calculations you have made and the results you have obtained, please summarize your complete analysis in the form of a conclusion about the datasets Used.

          b. Calculate and interpret mean, median and mode for both the variables, and comment about the shape of the distribution using the relationship between mean, median and mode. Keeping in view the shape of both the variables, which measure of central tendency do you think is the most appropriate among all.
c. Apply all the absolute measures of dispersion as well as relative measures of dispersion to compare the amount of spread in both the variables.(Standard deviation, mean deviation from median)
d. Knowing the shape of the distribution, which measure of dispersion is the most appropriate one, report and interprets your results.
e. Calculate the first four moments about mean.
f. Discuss the shape of the distribution with respect to moments about mean, do they coincide with the conclusion obtained in (b).
g. Find moment ratio b? and b?. Which variable has its distribution closer to the normal probability distribution and why, please discuss?
h. Keeping in view all the calculations you have made and the results you have obtained, please summarize your complete analysis in the form of a conclusion about the datasets Used.

b. Calculate and interpret mean, median and mode for both the variables, and comment about the shape of the distribution using the relationship between mean, median and mode. Keeping in view the shape of both the variables, which measure of central tendency do you think is the most appropriate among all.
c. Apply all the absolute measures of dispersion as well as relative measures of dispersion to compare the amount of spread in both the variables.(Standard deviation, mean deviation from median)
d. Knowing the shape of the distribution, which measure of dispersion is the most appropriate one, report and interprets your results.
e. Calculate the first four moments about mean.
f. Discuss the shape of the distribution with respect to moments about mean, do they coincide with the conclusion obtained in (b).
g. Find moment ratio b? and b?. Which variable has its distribution closer to the normal probability distribution and why, please discuss?
h. Keeping in view all the calculations you have made and the results you have obtained, please summarize your complete analysis in the form of a conclusion about the datasets Used.

Added by Laura F.

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