From the Descriptive Statistics table obtained in Task 4, identify five pieces of evidencethat indicate whether your sample Sold Price data has been obtained from a normallydistributed population or not Draw your conclusion from the evidence (3 marks) Sold Price ($000) Mean 1516 579 Standard Error 253 089 Median 841 Mode 3900 Standard Deviation 1697 771 Sample Variance 2882425 846 Kurtosis 5 021 Skewness 2 135 Range 8088 Minimum 112 Maximum 8200 Sum 68246 05 Count 45

The Answer is in the image, click to view ...

Question: From the Descriptive Statistics table obtained in Task 4, identify five pieces of evidencethat indicate whether your sample Sold Price data has been obtained from

From the Descriptive Statistics table obtained in Task 4, identify five pieces of evidencethat indicate whether your sample "Sold Price" data has been obtained from a normallydistributed population or not. Draw your conclusion from the evidence. (3 marks)

Sold Price ($000)

Mean	1516.579
Standard Error	253.089
Median	841
Mode	3900
Standard Deviation	1697.771
Sample Variance	2882425.846
Kurtosis	5.021
Skewness	2.135
Range	8088
Minimum	112
Maximum	8200
Sum	68246.05
Count	45

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

Mean 1930.116 Standard Error 558.8155 Median 945 Mode 340 Standard Deviation 3831.046 Sample Variance 14676912 Kurtosis 32.42707 Skewness 5.366171 Range 25365 Minimum 135 Maximum 25500 Sum 90715.45...

Task 5 a) From the Descriptive Statistics table obtained in Task 4. identify two pieces of evidence that indicate whether your sample \"Sold Price" data has been obtained from a normally distributed...

BE01106 - BUSINESS STATISTICS ASSIGNMENT - PART III SEMESTER 2, 2016 _________________________________________________________________________ The complete BEO1106 assignment (all three parts)...

PSYC 354 HOMEWORK 5 Z-Scores When submitting this file, be sure the filename includes your full name, course and section. Example: HW5_JohnDoe_354B01 Be sure you have reviewed this module/week's...

SEE "DOCUMENT 1" FOR CRITERIA 2 "DOCUMENT 2" FOR CRITERIA 4 You are to write a 3 to 4 page paper following APA rules for the title page, citations and appropriate references within the body of the...

SEE "DOCUMENT 1" FOR CRITERIA 2 "DOCUMENT 2" FOR CRITERIA 4. You are to write a 2 to 4 page paper following APA rules for the title page, citations and appropriate references within the body of the...

The Impact of Macroeconomic Variables on Stock Prices in Kuwait Ahmad M. Al-Kandari & Sadeq J. Abul Abstract The Kuwaiti Stock Exchange was established in April 1977 and is among the oldest stock...

What are the four basic families of shape-production processes? Cite one advantage and one limitation of each family.

Is the budget deficit of a country linked to its current account balance? How so? Explain how it is possible for the United States current account deficit to grow while the budget deficit has...

7. Rules of the Game How do rules of the game affect productivity and growth? What types of rules should a government establish to encourage growth?

Sam's Cat Hotel operates 48 weeks per year, 6 days per week, and uses a continuous review inventory system. It purchases kitty litter for $12.50 per bag. The following information is available about...

2. In this chapter, the reader should reflect on the following concepts: Message, communication error, data, code, information, metaphor.

1. To gain insight about the information processes operating in a communication process.

4. As your starting point, take two everyday decisions you have made during the past year. Discuss these decisions based on the following question: Why do you think your decisions may have been wrong?