Free

Curve - Essay Example

Comments (0) Cite this document
Summary
Subsequent counts to determine the number total number of candies with a particular color gave varying results (Ziemer, 2010). The 24 Packages of the candies…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER91.5% of users find it useful
Curve
Read TextPreview

Extract of sample "Curve"

M & M’s Curve and Color Distribution Analysis M & M’s Curve and Color Distribution Analysis The analysis starts with purchase ofthe M & M package and categories the candies according to the color distribution. Subsequent counts to determine the number total number of candies with a particular color gave varying results (Ziemer, 2010). The 24 Packages of the candies had an average color distribution of Red (53), Orange (94) Yellow (51) Blue (88), Green (80), and brown (51). This was different as per the percentage distribution of colors posted in the company website. As such, it was critical to carry out an analysis.
Results
Red
Orange
Yellow
Blue
Green
Brown
Total M & M’s
Percentage Expected (as per the company website)
24%
13%
16%
20%
13%
14%
Mathematical mean counted
52.25
93.63
51.04
88.08
79.29
53.33
Percentage observed
10.45%
18.73%
10.21%
17.62%
15.86%
10.67%
Quantities Observed
456
409
449
411
408
416
2549
Standard Deviation
1.98
2.23
2.95
2.18
2.56
2.48
2.4
Variance
1.48
6.97
5.87
7.02
5.98
6.76
5.68
The quantities of every row as observed were computed and compared to the company website values. The most popular color was orange as indicated in the findings 93.63 (18.73%). Blue (17.62%), green (15.86%), brown (10.67%), red (10.45%), and yellow (10.21%) followed this in this order. The variation was clear when compared to the company website of the percentage points expected for each color. However, green, blue, and brown were closer to the expected percentages. This is well indicated in the graph below showing distribution of the colors in average.
Mean graph
Standard deviation graph
It is clear that the yellow is the score with absolute centre of the group (mean average score).
Reference
Ziemer, H. (2010) . Statistical Distribution. Viewed on 24th October 2012 Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Curve Essay Example | Topics and Well Written Essays - 250 words”, n.d.)
Retrieved from https://studentshare.org/education/1605320-curve
(Curve Essay Example | Topics and Well Written Essays - 250 Words)
https://studentshare.org/education/1605320-curve.
“Curve Essay Example | Topics and Well Written Essays - 250 Words”, n.d. https://studentshare.org/education/1605320-curve.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Curve

New Keynesian Phillips curve

...;” and from this Calvo Contracts, New Keynesian Economists have been able to derive the New Keynesian Phillips Curve. The model of Calvo actually begins with the assumption that firms at the start set their prices in order to minimize quadratic losses, and maximize profits. In this case, a firm sets a target price with respect to a specific period of time. Of course, in setting their prices, firms also consider aggregate price levels and output gaps. The equation derived from including in the model aggregate demand levels and output gaps would then be derived an aggregate price mechanism, resulting to the New Keynesian Phillips Curve. Considering inflation changes in the model, the New Keynesian Phillips...
4 Pages(1000 words)Essay

Yield Curve

...? Yield Curve The paper aims to address the following to use data from the Bloomberg Web site (http://www.bloomberg.com/markets/rates-bonds/government-bonds/us/ (or from any other source that you prefer) to graph the shape of the yield curve today; and (2) to determine and explain what today's financial marketplace is expecting to happen to interest rates in the near future. Yield Curve The yield curve is defined as a “graph that plots the yields of similar-quality bonds against their maturities, ranging from shortest to longest” (Investing Answers, 2011, par. 1). From the Bloomberg website, the yield curve as of 8 April 2011 is depicted below: Source:...
2 Pages(500 words)Essay

Environmental Kuznets Curve

...lack of safe drinking water and sanitation facilities) tend to decrease as income increases, implying that economic growth can be used as an instrument for enhancing quality of environment. Still others (emissions of sulfur dioxide and nitrous oxide) show an inverted U linkage with economic growth, implying that environmental deprivation becomes worse in the initial stages of growth and improves in the later stages. This hypothesis of the inverted U relationship between variables of environmental degradation and economic growth is the central premise of the Environmental Kuznets Curve as formed by Simon Kuznets (Appendix 2). Theoretical Background on the EKC As noted by Grossman, 1995, the effect of growth in income on...
5 Pages(1250 words)Essay

Yield Curve

...-bond Rate on that Date 4.91 1. The yield curve is almost inverted on this date. This is because the trend that can be inferred from the graph is that the long-term debt instruments have a lower yield than the short-term instruments. Inverted yield curves have been an accurate forecasting tool for recessions. This type of a yield curve shows that the future interest rates will be lower because of which there is an increase in the demand for long-term bonds. And as a result the yields fall for the long-term bonds. 2. 10- Year Bond Purchased for $1000 5 Years Ago  Original Value $1000  Coupon Rate 4.79 Current 5-Year Yield to Maturity 0.98 Number of Semi-Annual Periods 10 Current 5-Year...
4 Pages(1000 words)Essay

Indifference Curve

...Your first and sur Your Due Indifference Curve An indifference curve is a graph representation showing combinations of goods for which a consumer preference/utility is indifferent, that is, it has no preference for one combination versus another. They are used as a device to represent the consumer preferences and applied extensively in choice theory. The horizontal and vertical axes of indifference curve graph represent the quantities of goods a consumer might consume, and the indifference curve itself represents a contour along which utility for that individual is constant. Indifference curve varies from one consumer to another, which is due to their...
2 Pages(500 words)Essay

Curve Graph - numbers included

... I do not know if this makes any difference, but I use a MAC computer Nancy and Bill are auto mechanics. Nancy takes 4 hours to replace a clutch and 2 hours to replace a set of brakes. Bill takes 6 hours to replace a clutch and 2 hours to replace a set of brakes. State whether anyone has an absolute advantage at either task, and for each task, identify who has a comparative advantage. a. Nancy has absolute advantage over Bill at replacing a clutch. b. Nancy has comparative advantage over Bill at replacing a clutch, but Bill has comparative advantage over Nancy at replacing a set of brakes. i. Nancy’s opportunity cost of replacing a clutch is 2 brake replacements, while Bill’s opportunity cost is 3 brakes. ii. Bill’s opportunity... I do not...
1 Pages(250 words)Statistics Project

Assignment Production Possibility Curve

...Production Possibility Curve Why might the Homo sapiens production possibilities curve have shifted outward to the right much more rapidly than those of Neanderthals? Neanderthals are a group of extinct sub-species closely linked to the genus Homo. This genus is also associated with the modern humans scientifically known as Homo sapiens. This species went extinct approximately 30,000 years ago and it was the closest relation to the modern man associated with. In this light, the humans developed at a slower rate compared to the Neanderthals whose development was exemplary and very fast. In this context, they lived fast lives that ended at tender ages compared to the modern man. The slow developmental rate...
1 Pages(250 words)Essay

Area under the curve

...Area Under a Curve CONTENTS Introduction Area under a curve Area above the x-axis Area below the x-axis Area above and below the x-axis Area between two curves Bibliography Introduction In this research project, I will be discussing the area under a curve. I did decide that for the presentation in the class and the aspects of teaching of the project, I would come up with a lesson plan, give it to the class as a PowerPoint presentation, introduce some category of activities, and give out a worksheet for the class to use in strengthening their knowledge of area under a curve. I will present the topic of area under a curve. This report...
6 Pages(1500 words)Admission/Application Essay

J curve

...International Finance Test 4 (10% WEIGHTING) Thursday 20th November Support your answers with examples and graphs where relevant. Question Explain the so-called “J-curve” theory. The J-curve theory is the description for the temporary design in the variation of the trade balance of the country in reaction to a significant or abrupt weakening or depreciation of the country’s currency. The temporary design usually resembles a J. Temporary variation of the trade balance of the country can be similar to the volatility experienced in the rates of exchange. If the volatility in the exchange rates and the variation in the trade balance of the country occur for a long time, then, serious implications do arise. However, the question... is, what...
3 Pages(750 words)Essay

Power Curve

... Homework #5 Assumption: The mean power obtained over time is not the same as the one obtained in a steady wind operating at the same speed. 2 – Radial velocity refers to the constituent of the wind vector located on the “look” direction of the radar (May 9). It is represented mathematically as e. u, where ‘e’ represents the unit vector located along the measurement direction while the ‘u’ represents the wind vector. In order to close the retrieval problem, additional information can be drawn from numerical frameworks that incorporate the flow of physics or rather the assumption of homogeneity of the wind vector over the ‘section area’. 3 – The idea of Eddy Viscosity refers to the stress in a fluid that arises from unsettled... Homework #5...
2 Pages(500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Curve for FREE!

Contact Us