Answer the following question:

a. Explain when and why we would prefer to use the median instead of the mean as our measure of center. What is the standard deviation (s) and why is it important in the study of statistics?

b. What is the importance of sampling? Give three reasons why we would use a sample instead of the entire population? What do we mean by a “good” sample.

c. What is the Central Limit Theorem and why is it important to the study of inferential statistics?

d. What does it mean to say two events are mutually exclusive? What does it mean to say two events are independent?