Answer these parts to Objective number A 2. What is the single most important advantage of...

Answer these parts to Objective number A

2. What is the single most important advantage of the median as a measure of location?

A. not affected by extreme outliers

B. statistically efficient

C. don’t have to know all individual values in order to calculate it

D. always an observable value

E. more than one of the above

3. The Graco Distribution Center in Rogers MN has automated storage/retrieval lanes for much of their inventory. An audit of inventory is conducted weekly for inventory counts. The results for a random sample of 8 inventory counts found the following number of inventory discrepancies; 9, 67, 19, 8, 18, 8, 15, 8. Based on the data, which measure of variability would you place most weight on?
A. median
B. InterQuartile Range
C. standard deviation
D. range

E. coefficient of variation

4. The Graco Distribution Center in Rogers MN has automated storage/retrieval lanes for much of their inventory. An audit of inventory is conducted weekly for inventory counts. The results for a random sample of 8 inventory counts found the following number of inventory discrepancies; 9, 67, 19, 8, 18, 8, 15, 8. Find the median.
A. 8
B. 12
C. 18
D. 37.5

E. none of the above

5. The Graco Distribution Center in Rogers MN has automated storage/retrieval lanes for much of their inventory. An audit of inventory is conducted weekly for inventory counts. The results for a random sample of 8 inventory counts found the following number of inventory discrepancies; 9, 67, 19, 8, 18, 8, 15, 8. Find the standard deviation.
A. 18.00
B. 397.71
C. 24.50
D. 19.94

E. none of the above

Edina Reality is interested in drawing comparison on price variations between two neighborhoods Woodbury and Cottage Grove. Woodbury has x-bar of 120,000$ and a sample standard deviation of 2000$. Cottage grove has x-bar of 900,000$ and sample standard deviation of 10,000$. Which neighborhood has higher relative variability?

Woodbury has higher relative variability as compared to Cottage Grove.
Cottage Grove has higher relative variability as compared to Woodbury.
Both neighborhoods have same variability.
Cannot decide based on given information.

Expert Solution

orchestra answered 1 year ago

20) What makes the null hypothesis so important? 21) What is the single most important number...

20) What makes the null hypothesis so important? 21) What is the single most important number in statistics and why is it so important?

what is syslog? what does is use it for? what are the most important parts of...

what is syslog? what does is use it for? what are the most important parts of it regarding firewall and intrusion detection ? and what are examples of it?

in your opinion, what are most important advantage and disadvantage of (a) the anylo-saxon model of...

in your opinion, what are most important advantage and disadvantage of (a) the anylo-saxon model of capitalism,(b) the european model of capitalism ,and (c) the asian model of capitalism.

1. Advantage of a single-sample design. 2. Disadvantage of a single-sample design. 3. Advantage of a...

1. Advantage of a single-sample design. 2. Disadvantage of a single-sample design. 3. Advantage of a within subjects design. 4. Disadvantage of a within subjects design. 5. Advantage of a between subjects design. 6. Disadvantage of a between subjects design. 7. Advantage of a matached subjects design. 8. Disadvantage of a matched subjects design. * please list in order, and type up

Why is the objective lens the most important optical component? Thanks

What was the single most important reason for the decline in illegal immigration between 2007 and...

What was the single most important reason for the decline in illegal immigration between 2007 and 2009? What other factors were at play? Going forward, why might people think it is more likely that illegal immigration will fall rather than rise?

What are the 2 most important elements of cognitive therapy?

What is a single-use bioreactor, what is it advantage and disadvantage?

Read “an introduction to XBRL” and answer the follow questions: a. What are the most important...

Read “an introduction to XBRL” and answer the follow questions: a. What are the most important features of XBRL? Describe two of them. b. Who are the user of XBRL? Describe two of them. c. What are the benefits of XBRL for Securities Regulators and Stock Exchanges? Describe two of them.

The textbook states that the cash budget is one of the most important parts of the...

The textbook states that the cash budget is one of the most important parts of the master budget. There are several reasons listed as to why a cash budget is considered to be this important; I would like your thoughts as to why you consider the cash budget to be this important. How does the granting of credit to customers (and to your company from suppliers) affect your answer? What happens when you face a cash shortage? Is there something...

Question