Question

In: Statistics and Probability

Give an example of when percentile ranks might be misleading. Why would it be misleading?

Give an example of when percentile ranks might be misleading. Why would it be misleading?

Solutions

Expert Solution

Solution:-) Percentile ranks are non linear transformation in the sense that they define percentile scores with respect to a norm or reference group. Percentage of examines in a group who score below the trait value given in the question.

Areas where it found misleading:-

1) It cannot be used while dealing with means and standard deviation as we know that percentiles have rectangular distribution and if assume that the size is large nad many people have scored same marks then this may concluse to exxagerated conclusions.

2)It cannot be use when ordinal and nominal data is present such as age and grade scores .

3) If the distribution of two scores are different in shape , then their comparisons using percentile ranks can be misleading.

4) They deals with the non normalized scores whcih can effect teh results.

CHEERS!!


Related Solutions

Why are measures of relative standing (e.g.. percentiles, percentile ranks, and standard scores) important?
Why are measures of relative standing (e.g.. percentiles, percentile ranks, and standard scores) important?
Give an example of when hot therapy should be used and why Give an example of...
Give an example of when hot therapy should be used and why Give an example of when cold therapy should be used and why. i post this two question three days ago they give me the example but there was no answer why please  can you say why the example used for the hot therapy and why for the cold therapy i don' t need just example i want to know why too
1. Give an example of when it might be best to use each of the following...
1. Give an example of when it might be best to use each of the following qualitative forecast techniques: a) Delphi method b) Jury of executive opinion c) Sales force composite d) Consumer market survey
Give an example of when directory information would be needed.
Give an example of when directory information would be needed.
Provide example where the analysis of variances in isolation give a misleading impression of the underlying...
Provide example where the analysis of variances in isolation give a misleading impression of the underlying economics? What gave the misleading impression? Were you able to provide a more correct interpretation?
If the sample size is small, the estimation results might be misleading. Why? Explain the diferences...
If the sample size is small, the estimation results might be misleading. Why? Explain the diferences between Statistically significant VS economically important. How to use p-value in making a rejection decision? How to interpret the 95% CI for the hypothesis test of H_0: β_j=0 against H_1: β_j≠0? True or false: “If (β_j ) ̂ is outside CI, then we reject the null hypothesis.” How can we test H_0: β_1=β_2 against H_1: β_1≠β_2?
Give an example of a sustainable practice that would affect a company’s budget. How might this...
Give an example of a sustainable practice that would affect a company’s budget. How might this sustainable practice, if adopted, impact the company’s budget in both the short-term and in the long-term?
Give an example of a sustainable practice that would affect a company’s budget. How might this...
Give an example of a sustainable practice that would affect a company’s budget. How might this sustainable practice, if adopted, impact the company’s budget in both the short-term and in the long-term?
Give a real world example of where you might apply 'activity-based depreciation'. Why would you choose...
Give a real world example of where you might apply 'activity-based depreciation'. Why would you choose it over other methods? Provide an explanation of how it works, including how you might record a monthly expense.
Give one example or scenario of business valuation, and discuss why might valuation matter to a...
Give one example or scenario of business valuation, and discuss why might valuation matter to a company.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT