Question: Many statistics and statistical tests can be computed by hand and by using statistical software or programs like Microsoft Excel . Watch the LinkedIn Learning

Many statistics and statistical tests can be computed by hand and by using statistical software or programs like Microsoft Excel.

Watch the LinkedIn Learning video, "Understanding Standard Deviation," available via the access link in the Wk 3 Learning Activities folder. As you watch, note the equation for computing standard deviation and the method for using Microsoft Excel to compute the standard deviation of a sample.

Respond to the following

What are the potential benefits and challenges of choosing to compute standard deviation by hand?
What are the potential benefits and challenges of choosing to compute standard deviation using Microsoft Excel?
Why might you choose one approach over the other?
What would you prefer? Why?

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!

Describing Data Once we have collected data from surveys or experiments, we need to summarize and present the data in a way that will be meaningful to the reader. We will begin with graphical...

Please help!! Use "You Can Lead a Horse to Water but You Can't Make Him Edit: Varied Effects of Feedback on Grammar Across Upper-Division Business Students" (Located Below the Page) Found directly...

Assistive technology enables dreams. Mathew Lee (personal communication) Assistive technology (AT) provides powerful tools used to diminish disability, enable activities of daily living (ADLs), and...

Set Student Name: 1. Answer true or false for each part, and if false, explain your answer. a. The point estimate for the population mean, , of an x distribution is x-bar, computed from a random...

Instuctor's Annotated Edition TENTH EDITION Understandable Statistics Concepts and Methods Charles Henry Brase Regis University Corrinne Pellillo Brase Arapahoe Community College Australia Brazil...

Study Guide Healthcare Statistics By Jacqueline K. Wilson, RHIA About the Author Jacqueline K. Wilson is a Registered Health Information Administrator (RHIA) who has more than ten years of experience...

7/7/2016 Assessment 1 - MBAFP6018 Spring 2016 Section 01 ASSESSMENT 1 Descriptive Statistics Details Attempt 1 Available Attempt 2 Attempt 3 Overview Use a provided data file to create a table, a...

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...

Center for Learning and Technology COURSE SYLLABUS PRINCIPLES OF STATISTICS STA-201-GS Course Syllabus PRINCIPLES OF STATISTICS STA-201-GS Thomas Edison State College May 2015 Course Essentials...

I need to see the SPSS output. You need to have all z-scores, all charts, all descriptives data from SPSS, everything you used to answer the questions. I am sending you what the previous tutor sent...

What is the principle of corresponding states?

If f(x)= 1/1+x^2 for x= 0 (1) 6 compute f(5.27).

14.30 A defense contractor is interested in studying an inspection process to detect failure or fatigue of transformer parts. Three levels of inspections are used by three randomly chosen inspectors....

A company is planning to re-equip one of its major production plants and one of two types of machine, the Zeta and the Precision II, is to be purchased. The prices of the two machines are very...

3. In what way can preconceptions affect what we perceive in new situations?

7. List examples from your everyday situation where using the CI strategy could have provided a better solution in a communication situation than the solutions you chose.

6. What is meant by: accessibility carries greater weight than relevance?