The histogram and cumulative percentage polygon below visualize the property taxes per capita for 37 locations. What conclusions can you reach concerning the property taxes per capita? Hint: disregard the polygon and divide by n for a percentage. Which of these conclusions can you reach concerning the taxes per capita? A. Approximately 86% of the data fall below $100. The center is at about $160. B. Approximately 47% of the data fall below $100. The center is at about $200 C. Approximately 11% of the data fall below $260. The center is at about $200 D. Approximately 11% of the data fall below $60. The center is at about $160
Inverse Normal Distribution
The method used for finding the corresponding z-critical value in a normal distribution using the known probability is said to be an inverse normal distribution. The inverse normal distribution is a continuous probability distribution with a family of two parameters.
Mean, Median, Mode
It is a descriptive summary of a data set. It can be defined by using some of the measures. The central tendencies do not provide information regarding individual data from the dataset. However, they give a summary of the data set. The central tendency or measure of central tendency is a central or typical value for a probability distribution.
Z-Scores
A z-score is a unit of measurement used in statistics to describe the position of a raw score in terms of its distance from the mean, measured with reference to standard deviation from the mean. Z-scores are useful in statistics because they allow comparison between two scores that belong to different normal distributions.
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