In: Statistics and Probability
The following is a small data set of 25 observations. I want you to calculate some statistics by hand to cement the class material. You can use the regular formula for the variance or the computational formula - I’m just interested in the correct result. If you use the computational formula, you will want to calculate a separate row of each value squared in order to calculate the Sum(x^2). Excel can be used to solve this problem.
| 
 VarX  | 
| 
 44  | 
| 
 34  | 
| 
 49  | 
| 
 58  | 
| 
 17  | 
| 
 44  | 
| 
 34  | 
| 
 49  | 
| 
 45  | 
| 
 20  | 
| 
 26  | 
| 
 40  | 
| 
 35  | 
| 
 37  | 
| 
 57  | 
| 
 45  | 
| 
 70  | 
| 
 35  | 
| 
 37  | 
| 
 42  | 
| 
 44  | 
| 
 45  | 
| 
 27  | 
| 
 46  | 
| 
 63  | 
b. Calculate the following (show your work):
c. Calculate a z-score for a data value of 46. Describe this in words.
Ans. Data is in ascending order:-
| Obs. | x | x2 | 
| 1 | 17 | 289 | 
| 2 | 20 | 400 | 
| 3 | 26 | 676 | 
| 4 | 27 | 729 | 
| 5 | 34 | 1156 | 
| 6 | 34 | 1156 | 
| 7 | 35 | 1225 | 
| 8 | 35 | 1225 | 
| 9 | 37 | 1369 | 
| 10 | 37 | 1369 | 
| 11 | 40 | 1600 | 
| 12 | 42 | 1764 | 
| 13 | 44 | 1936 | 
| 14 | 44 | 1936 | 
| 15 | 44 | 1936 | 
| 16 | 45 | 2025 | 
| 17 | 45 | 2025 | 
| 18 | 45 | 2025 | 
| 19 | 46 | 2116 | 
| 20 | 49 | 2401 | 
| 21 | 49 | 2401 | 
| 22 | 57 | 3249 | 
| 23 | 58 | 3364 | 
| 24 | 63 | 3969 | 
| 25 | 70 | 4900 | 
| SUM = | 1043 | 47241 | 


