StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Homework: Week 7, Chapter 7 - Essay Example

Cite this document
Summary
The scope of statistics involves collection and analysis of data for “decision-making”, with its application in monitoring and evaluation particularly identifying its essence in research and industrial application. This paper seeks to respond to a case and to offer a…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER91.6% of users find it useful
Homework: Week 7, Chapter 7
Read Text Preview

Extract of sample "Homework: Week 7, Chapter 7"

Homework: Week 7, Chapter 7 The scope of statistics involves collection and analysis of data for “decision-making”, with its application in monitoring and evaluation particularly identifying its essence in research and industrial application. This paper seeks to respond to a case and to offer a reflection on descriptive statistics. Case A reporter randomly sampled 725 votes from a population of 12,457. Out of the sample, 338 votes were in favor of an issue on the ballot.Confidence IntervalThe 95 % confidence interval for the proportion that favored the issue is the set of values within the interval, 0.4299-0.5025.

This interval defines the estimated range of the population proportion with a probability of 0.95. The reporter can say that the issue on the ballot is popular among a range of between 42.99 % and 50.25 % of the population. He must be precise to state the confidence interval within which the claim is made. However, he cannot be specific as regards a particular value within the range, because a significant level of variance is expected in the population (Triola, 2011).QuestionsIf I were an editor of a newspaper reporting the results, I would seek to determine the validity of the result before printing the story.

I would ask the reporter the following questions. What was your sampling criterion? What was your opinion on the issue prior to the research? What was your source of data? Reflection: Descriptive statistics Descriptive statistics demonstrates characteristics of sets of data. The statistics are divided into measures of central tendencies and measures of dispersion. While the measures of central tendencies include mean, mode, and median, measures of dispersion are majorly expressed through either variance or standard deviation (Triola, 2011).

Mean: Mean defines the average of a set of data and is obtained by dividing the sum of the considered values by the number of items. Median: Median of a set of data is the middle placed quantity when the data set is arranged in either ascending or descending order. Mode: The mode, on the other hand, is the value or a class of values that has the highest frequency in a set of data. Standard deviation: Standard deviation defines the average deviation of each value in a set of data from the mean and is the square root of variance.

Manual computation of these quantities, whether as statistics or as parameters, has a lot of challenges such as computational errors, especially if large sets of data are involved. Application of statistical software has, however, made the computations easy through designed programs. Descriptive statistics are applicable in many real life fields. An academic institution may, for example, use the statistics to understand the performance of students in a class for evaluation. Similarly, descriptive statistics such as the mean can be used to compare two sets of data.

The same applications can be adopted in industrial setups for evaluating processes and comparing either time series periodic performance of an item or the performance between two subjects over a period (Triola, 2011).ReferenceTriola, M. (2011). Elementary statistics using the TI-83/84 plus calculator. New York, NY: Addison-Wesley, Pearson Education

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Homework: Week 7, Chapter 7 Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
Homework: Week 7, Chapter 7 Essay Example | Topics and Well Written Essays - 500 words. Retrieved from https://studentshare.org/statistics/1598410-homework-week-7-chapter-7
(Homework: Week 7, Chapter 7 Essay Example | Topics and Well Written Essays - 500 Words)
Homework: Week 7, Chapter 7 Essay Example | Topics and Well Written Essays - 500 Words. https://studentshare.org/statistics/1598410-homework-week-7-chapter-7.
“Homework: Week 7, Chapter 7 Essay Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/statistics/1598410-homework-week-7-chapter-7.
  • Cited: 0 times

CHECK THESE SAMPLES OF Homework: Week 7, Chapter 7

Longer Working Hours of Women

Some people may have the benefit of being born into wealthy families.... These people generally have the opportunity to have a greater ability to learn during their childhood years.... Others may be… (Becker and Tomes, 1986) Most of the time, biological factors and culture are being transmitted from the parents to their children through DNA. Basically, when the parents Aside from biological and cultural factors, industrialization has been pointed as the main cause of inequality which started between the agriculture and the industrial sectors....
12 Pages (3000 words) Essay

Divorce and Remarriage

It was Tyrone Jones having a heated discussion with Greg Rock, and as Pastor Tallon listened to their voices, he understood that the matter was a… Greg remained patient and within a few moments calmed Tyrone down.... The two men finished their conversation with lowered voices, but when Tyrone swept past Pastor Tallon's The pastor went to Greg and asked what had happened....
7 Pages (1750 words) Case Study

Learning and Memory

This is done, after and aside from reading the text of the material,… Sometimes, I write down the important key points in outline so that I can picture out the entire idea. Every week, aside from the time I spent attending the courses during the day, I also spent 1 hour at most Learning and Memory To learn the material, I engaged with a set of study periods every week.... very week, aside from the time I spent attending the courses during the day, I also spent 1 hour at most reading the material before bedtime–with a total of at least 5 hours per week, depending upon the schedule in the week....
2 Pages (500 words) Essay

Homework: Week 6, Chapter 6

It is normally embodied as a probability distribution that can be a spreadsheet, a possibility histogram, or a formula.... In case a dice is rolled… The mean u will be 3.... 9, with the sample distribution of the offered means being almost a normal distribution.... According to the presented Sampling Distribution of the Mean It is the allotment of the sample mean in which all samples holding similar sample magnitude n are obtained from a similar population....
1 Pages (250 words) Essay

Marketing transportation homework

Procurement is more Transportation homework chapter 6: Procurement Q2.... ?chapter 14 – International LogisticsQ1.... Procurement is synonymous with the word purchasing.... The historical standard tactics of aggressive volume purchasing and price negotiation with big suppliers has changed due to material price volatility, ever increasing profit target, and risk of negotiating in global… Previously, procurement was only a transactional process, but changing scenario has changed this function as a relational exchange process involving limited number of suppliers....
2 Pages (500 words) Essay

Benefits and Disadvantages of the Family

The author of this book report "Benefits and Disadvantages of the Family" touches upon the idea of the family as an economic unit.... It is mentioned that the book introduces something called the Neoclassical model, which is essentially the traditional model of the family.... nbsp;… The reason these differences exist, according to the authors, is not necessarily because women are more suited to housework and men more suited to outside work by biology, but rather that this is so to some degree because of the differences in the way that men and women are raised as boys and girls....
5 Pages (1250 words) Book Report/Review

My Own Experiences with Interpersonal Relationships and the Knowledge

In this essay "My Own Experiences with Interpersonal Relationships and the Knowledge ", the writer reflects on my own experiences with interpersonal relationships and the knowledge I have gained from them.... I'd like to talk about 8 key core learning outcomes that I have personally used in everyday life....
5 Pages (1250 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.
Contact Us