In this task, you are required to answer the questions by referring to the data table given
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Question:
In this task, you are required to answer the questions by referring to the data table given below.
The table shows 15 cases, college students, from a hypothetical study of student loan balances at higher education institutions. The first column shows an identification number for each case, and the rest of the columns indicate four variables: age of student, class, type of institution, and loan balance
- Use this data set to find the following statistical values:
- Mean
- Median
- Mode
- Standard Deviation
- Sample variance
Critically evaluate the relevance of regression models and hypothesis testing for a sample population or data set like the table given in this question. Point out the pitfalls and advantages of regression models and hypothesis testing for data sets
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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