MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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Critically discuss standard deviation as a measure of risk. In your discussion, include possible advantages and disadvantages of standard deviation as a measure of risk.
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- How does a nonzero constant number c change a standard deviation problem?arrow_forwardWhen you have significant results in data analysis, it is not necessary to report all relevant means and standard deviations. True or falsearrow_forwardTrue or false. If the standard deviation of a dataset is 0, the mean must also be 0.arrow_forward
- find popuation mean and standard deviation of data 11.2,15.6,18.4,24.5,26,32.8,34.6,40arrow_forwardwhat estimate does the range rule of thumb give you for the standard deviation?arrow_forwardPlease discuss the concepts of Mean, Median, Mode, and Standard Deviation, including when each should be used, and evaluate the differences of each. How can knowing this information about data help us?arrow_forward
- What percent of the distribution lies within one standard deviation of the mean? Within two standard deviations of the mean? Within three standard deviations of the mean? You can type your answer with equations/formulas for this question.arrow_forwardAbout what percent of a values lie between the first and third standard deviations (both sides)? Enter your answer without the percent sign.arrow_forwardz Scores LeBron James, one of the most successful basketball players of all time, has a height of 6 feet 8 inches, or 203 cm. Based on statistics from Data Set 1 “Body Data” in Appendix B, his height converts to the z score of 4.07. How many standard deviations is his height above the mean?arrow_forward
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