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Consider the two statistics about numerical variables; mean and median. Asnwer the following: (a) What does it mean for...

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Consider the two statistics about numerical variables; mean and median. Asnwer the following: (a) What does
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Consider the two statistics about numerical variables; mean and median. Asnwer the following: (a) What does it mean for the variable's distribution if mean and median values are close? (b) What does it mean for the variable's distribution if mean and median values are very different?

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a When the mean and median values of a numerical variable are close it generally suggests that the d View the full answer


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Related Book For  answer-question
Statistics For Business Decision Making And Analysis

Statistics For Business Decision Making And Analysis

ISBN: 9780134497167

3rd Edition

Authors: Robert A. Stine, Dean Foster

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Question Details
Chapter # 6
Section: Cases
Problem: 2
Posted Date: September 22, 2023 01:07:06
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