This topic contains a solution. Click here to go to the answer

Author Question: When news articles report on household income level they usually report the median income, rather ... (Read 109 times)

Bob-Dole

  • Hero Member
  • *****
  • Posts: 547
When news articles report on household income level they usually report the median income, rather than the mean income. This would be because income is usually a right-skewed distribution.
 
  Indicate whether the statement is true or false

Question 2

Parsimony is where ________.
 
  A) the model is kept as simple as possible
  B) having as many variables as possible for accuracy
  C) multiple models answer questions
  D) none of the above



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

makaylafy

  • Sr. Member
  • ****
  • Posts: 347
Answer to Question 1

TRUE

Answer to Question 2

A




Bob-Dole

  • Member
  • Posts: 547
Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)


meganmoser117

  • Member
  • Posts: 303
Reply 3 on: Yesterday
Excellent

 

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

For a complete list of videos, visit our video library