This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What does the relation between the mean and median indicate about the shape of the data? What ... (Read 68 times)

JMatthes

  • Hero Member
  • *****
  • Posts: 578
on: Jun 24, 2018
What does the relation between the mean and median indicate about the shape of the data?
 
  What will be an ideal response?

Question 2

In using finance models we must be aware that caution and continuous clear observation and thinking cannot be replaced by models developed from past events.
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dyrone

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 24, 2018
Answer to Question 1

Since the mean is less than the median, this indicates that the distribution of the data is skewed to the left (negatively skewed).

Answer to Question 2

TRUE


JMatthes

  • Member
  • Posts: 578
Reply 2 on: Jun 24, 2018
Excellent

vickyvicksss

  • Member
  • Posts: 351
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Crocodiles leave distinctive bite marks that reflect the shape of their teach. Crocodiles leave distinctive bite marks that reflect the shape of their teach.
The shape of flapper sundresses minimized hips and breasts, and the gossamer thinness of the fabric The shape of flapper sundresses minimized hips and breasts, and the gossamer thinness of the fabric
Posterior view of midbrain in relation to brain stem Posterior view of midbrain in relation to brain stem
Question About VSEPR Shape Question About VSEPR Shape
Data management questions Data management questions
Ribosome structure and tRNA-binding sites interpreted from cryo-EM–generated data Ribosome structure and tRNA-binding sites interpreted from cryo-EM–generated data
Video: Reflex arc construction

For a complete list of videos, visit our video library