Statistics Assignment - Data Analysis and Outliers - Example

This assignment focuses on the analysis of data using statistical methods. The assignment includes a dataset of television viewing times, which is used to calculate the standard deviation and variance. The calculations are demonstrated using Excel. The assignment also addresses the concept of outliers and their impact on the data analysis. Specifically, it identifies an outlier value and discusses its effect on the data distribution. The assignment concludes with a suggestion for further data collection or the use of techniques to manage outliers to ensure the consistency of the data. Desklib provides students with access to various solved assignments to enhance their understanding of the concepts.