ex_1_goods

# ex_1_goods - greater the difference. By using this measure,...

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Vinze, Lucas Exercise 1 – 9:30 August 29, 2007 Low Tech Sensor Attribute Data Summary PF Size Price MTBF Age Ratin g Stat \$/unit Hours Years Mean 9.2 11.6 37.35 21,39 3 2.9 22.2 Count 24 24 24 24 24 24 STDEV 1.3 1.5 2.83 1,645 1.3 13.6 Minimum 7.3 8.6 29.92 17,99 9 1.4 0 Maximum 11.8 13.8 43.49 23,95 5 6.3 63 Min SDs 1.47 2.04 2.63 2.06 1.14 1.63 Max SDs 2.06 1.48 2.18 1.56 2.65 3.00 Range SDs 3.54 3.52 4.80 3.62 3.79 4.62 The variable with the greatest variability is the price per unit with a STDEV range of 4.80 \$/unit. The least variability is the Size with a STDEV range of 3.52. The most extreme variable is the maximum rating of 63, 3.00 SD’s above the average. The second most extreme value is the maximum age of 6.3 years, 2.65 SD’s above the average. The variability is calculated using the range of the standard deviation. The higher the value is, the

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Unformatted text preview: greater the difference. By using this measure, it shows the range between the minimum and maximum values and can be compared with other data sets. Thus, different ranges can be compared despite different values and/or units of measure. The extreme measure value shows which value is the greatest outlier from the average. The higher the standard deviation is, the more extreme the value. Self-Assessment Table 3 Item Max Yours Instr Table Style 6 6 Table Formulas 8 8 Discussion Style 3 3 Discussion Content 14 14 Overall Appearance 3 3 Total Points 34 34 Net Points 15 15...
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## This note was uploaded on 04/17/2008 for the course WCOB 2023 taught by Professor Billthompson during the Fall '07 term at Arkansas.

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ex_1_goods - greater the difference. By using this measure,...

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