4. Choose the correct continuation(s). When encountering a highly unexpected statisticalconclusion one should... (Mark all correct options.)
Get answer to your question and much more
5. In the example from the lecture, the conclusions derived from the data set of the EuropeanCentral Bank allowed for two opposing conclusions; namely that Germany was the worst offin terms of household income on average, and that they were, on average, somewhere inthe middle. How is such a seeming contradiction possible?
Get answer to your question and much more
6. Imagine that you are investigating the influx of funds to a certain research project. Intrying to detail the stability of the funds, three different graphs are presented (see below).They all represent the same data, but in somewhat different ways. Is any of the graphs betterthan the other, given the stated purpose? Select the best option with the correct motivation.
Get answer to your question and much more