The categorical variable is a type of variable that consists of attributes and not any numerical...
Business Statistics: A First CourseOrganizing the data is the first step for analyzing the data. It is used to summarize the data. In...
Business Statistics: A First CourseMean of n observations is \bar X=\frac{\sum X_i}{n} . Add 7, 4, 9, 8, and 2 to obtain the value of...
Business Statistics: A First CourseThe set of all possible outcomes is the sample space. Event is the subset of a sample space. A...
Business Statistics: A First CourseThe Binomial distribution is a discrete distribution which represents the probability for X...
Business Statistics: A First CourseThe standard normal distribution is a normal distribution with a mean of 0 and a standard deviation...
Business Statistics: A First CourseA population is normally distributed with mean \mu and standard deviation \sigma . A sample of size...
Business Statistics: A First CourseSampling technique provides approximately fair results based on the sample if the sample size is...
Business Statistics: A First CourseThe hypothesis is the declaration or claims to be checked or tested in research analysis. A null...
Business Statistics: A First Course