list of top 100 banks in the United States according to the total assets. Leading the list was Bank of America‚ followed by JP Morgan Chase and Citibank. Following is an Excel Analysis of total assets ($ billions) of these banks using the descriptive statistics feature. Study the output and describe what you can learn about the assets of these top 100 banks from the output. Top 100 Banks in the U.S Mean Standard Error Median Mode Standard Deviation Sample Variance Kurtosis Skewness Range Minimum
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ECO 72 INTRODUCTION TO ECONOMIC STATISTICS Topic 2 Measures of Central Tendency These slides are copyright © 2003 by Tavis Barr. This material may be distributed only subject to the terms and conditions set forth in the Open Publication License‚ v1.0 or later (the latest version is presently available at http://www.opencontent.org/openpub/). Measures of Central Tendency This chapter looks at three different concepts of how we describe a “typical” element of a data set. Mean
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Running head: DESCRIPTIVE AND INFERENTIAL STATISTICS 1 Descriptive and Inferential Statistics DESCRIPTIVE AND INFERENTIAL STATISTICS 2 Descriptive and Inferential Statistics Descriptive and inferential statistics are incredibly similar forms of research testing within psychology. Each seeks to analyze‚ describe‚ and possibly predict a population’s behavior. As with psychology itself‚ statistical analysis within psychology began as a philosophy (Goodwin‚ 2008). This philosophy quickly
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TOPIC 1 INTRODUCTION & DESCRIPTIVE STATISTICS BASIC CONCEPTS Situation: A journalist is preparing a program segment on what appears to be the relatively disadvantaged financial position of women and the incidence of female poverty in Australia. Several questions may arise‚ for example: • What is the pattern of female incomes? • How severe is the problem of female poverty and what proportion fall below the ‘poverty line’? • Has their general level of income improved over
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Descriptive and Inferential Statistics Paper Descriptive and Inferential Statistics Paper Statistics are used for descriptive purposes‚ and can be helpful in understanding a large amount of information‚ such as crime rates. Using statistics to record and analyze information‚ helps to solve problems‚ back up the solution to the problems‚ and eliminate some of the guess work. In Psychology there has to be a variable or variables to be organized‚ measured‚ and expressed as quantities. Information
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cases of the F distribution: (3) Example: We want to measure the monthly sales volume from Microsoft and Apple. We collect data for a year ( 12 months). We calculate the variance for both and define the “degrees of freedom’ (n-1= 11) and then we can build the F-distribution. F statistic (): Defined as the ratio of the dispersions of the two distributions‚ in other words it is the value calculated by the ratio of two sample variances . F always >=1. The F statistic can test the null hypothesis:
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Team Solutions will first calculate the measures of central tendencies and dispersion. The team will then display this statistical data using graphic and tabular techniques to enhance the decision making process. Measures of Central Tendency Measures of central tendency are measures which are representative of a sample or population. Central tendency provide the means for one to be more objective when collecting data or making inferences. These measures distinguish the center or middle of a
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STAT 110 INTRODUCTION TO DESCRIPTIVE STATISTICS Fall‚ 2006 Lecture Notes Joshua M. Tebbs Department of Statistics The University of South Carolina TABLE OF CONTENTS STAT 110‚ J. TEBBS Contents 1 Where Do Data Come From? 1 1.1 Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 1.2 Individuals‚ variables‚ and data . . . . . . . . . . . . . . . . . . . . . . . 2 1.3 Observational studies . . . . . . . . . . . . . . . .
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Running head: DESCRIPTIVE STATISTICS PAPER Descriptive Statistics Paper Mickey Gahan‚ Tony Goss‚ Gerry Camacho and Rob Jacobson University of Phoenix Research Process Paper Few sports have had the social impact that baseball has had over the years. Baseball has long been the all-American pastime. Baseball parks in most major cities across the U.S. attract families including children with dreams of becoming
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Descriptive and Inferential Statistics Greg Hagen‚ Jean Parker‚ Jade Riley‚ Nanika Woods‚ Myron Hamilton‚ Tajah Gutierrez‚ Treva Eley PSY/315 June 9‚ 2012 Nancy A. Walker Descriptive and Inferential Statistics Statistics is a vital part of the psychological field as the analysis of statistics provides researchers with a means of both describing the results of research and surmising from those results‚ as well as drawing conclusions related to a hypothesis. Statistics gives a better
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