FIN 595
APPLIED FINANCIAL RESEARCH
SPRING 2015
Professor: Kurtay Ogunc, PhD, MBA, MApStat
Mobile: (903) 468-2067
Office Hours: Tuesdays and Wednesdays 12-3 or by appointment
Office: BA 210
E-mail: Kurtay.Ogunc@tamuc.edu
Course Description: Different techn
Normal Probabilities Practice Problems Solution
1. Most graduate schools of business require applicants for admission to take the Graduate Management
Admission Councils GMAT examination. Scores on the GMAT are roughly normally distributed with a
mean of 5
Measures of Dispersion Coefficient
of Variation
Coefficient of variation (CV) measures the spread
of a set of data as a proportion of its mean.
It is the ratio of the sample standard deviation to
the sample mean
s
CV %
100
x
It is sometimes expressed a
Mean Median Mode
Problem
Given the data set
4 , 10 , 7 , 7 , 6 , 9 , 3 , 8 , 9
Find
a) the mode
b) the median
c) the mean
d) the sample standard deviation
e) If we replace the data value 6 in the data set above by 24, will the standard deviation
increase,