Problem 3.1.41 – Weekly Prices of one Brand of Frozen Pizza
MyStatLab
Pearson
From a long list of numbers calculate the minimum, maximum, median, Q1, Q3, Range, IQR.
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From a long list of numbers calculate the minimum, maximum, median, Q1, Q3, Range, IQR.
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Find Z-scores for both price and square footage and decide which is more unusual.
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Summary statistics are given and asked to interpret the data as skewed, symmetric, etc.
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An equation is given to predict sales based on price. Questions follow including explanatory variable, response variable, slope, y-intercept, making a prediction, residual.
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No scatterplot is given. R-squared, intercept, slope, and s are given and a series of questions is asked including the equation of the regression line, the meaning of intercept and slope, a prediction, more or less than predicted, and residual.
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An equation is given with Flow vs Return and a series of questions asked such as, interpret the intercept and slope, the predicted fund flow, and the residual.
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A chart of age and price advertised for Model A cars is given. Questions follow about the association, linear model, correlation, the meaning, variability.
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