Question: Write a 150 word response to the peer's post for the discussion questions that he answered. The response is supposed to start off as Hello
Write a 150 word response to the peer's post for the discussion questions that he answered. The response is supposed to start off as Hello (Person's name).
Posted by Kyle:
- What is a normal distribution? Is your alcoholic beverage survey normally distributed?
Yes, my survey distribution followed the normal distribution that most data sets do.
- What does the standard deviation of normally distributed data tell you about the sample data?
The standard deviation of the data tells you the likely hood of any given data points proximity to the mean.
- What is the likelihood of randomly selecting a data item from normally distributed data within (plus or minus) one standard deviation? Two standard deviations? Three standard deviations?
The likelihood of a randomly selecting a data item from normally distributed data sets is as followed;
1st 68.2
2nd 95.4
3rd 99.74
- What is the likelihood of randomly selecting a data item between two and three standard deviations above the mean?
- I am guessing under 4 percent
- Describe an example of how measures of central tendency and dispersion might be used in managing organizations
Measures of central tendency can be used in conjunction with Six Sigma to monitor production accuracy which would be especially important in high value production items where production mishaps could have expensive consequences.
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