Assignment on Statistics | Doc

   

Added on  2022-08-29

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Running head: STATISTICS
Statistics
Name of the Student:
Name of the University:
Author note:
Assignment on Statistics | Doc_1
STATISTICS1
Table of Contents
PART A......................................................................................................................................2
PART B......................................................................................................................................4
Answer to the question 1........................................................................................................4
Answer to the question 2........................................................................................................6
Answer to the question 3........................................................................................................6
Answer to the question 4........................................................................................................7
Bibliography...............................................................................................................................9
Assignment on Statistics | Doc_2
STATISTICS2
PART A
(i)
Table 1 Summary statistics on fixed rate
0
1
2
3
4
5
6
7
8
9
10
Box Plot on Fixed rate
Figure 1 Box Plot on fixed rate
The mean of the fixed rate is 8.49. The median of the fixed rate is 8.34. Similarly the mode of
the fixed rate is 9.99. Since the mean of the fixed rate is higher than the median. Hence the
Assignment on Statistics | Doc_3
STATISTICS3
skewness is positive. The value of the skewness is 0.32. The variance, standard deviation and
range of the fixed rate is 0.90, 0.95 and 3.29.
In the 5th month 1990 the higher variation has been seen.
(ii)
1 13 25 37 49 61 73 85 97 109 121 133 145 157 169 181
0
2
4
6
8
10
12
Fixed rate
Observations
Frequency
Figure 2 Graph on Fixed rate
The empirical rule that is 68-95-99.
At 68%
Mean ± 1* standard deviation
= 8.49± 0.95
= (7.54, 9.44)
At 95%
Mean ± 2* standard deviation
= 8.49± 1.90
Assignment on Statistics | Doc_4

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