Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Obtain a dataset consisting of 50 samples. You have the flexibility to choose ei-ther empirical data you collect or utilize existing datasets from online sources

Obtain a dataset consisting of 50 samples. You have the flexibility to choose ei-ther empirical data you collect or utilize existing datasets from online sources suchas WorldBank, stock market records, statistics institutions, IMDB, NBA website,Google Trends, etc. By utilizing a programming language of your choice, you willconduct a comprehensive analysis of the dataset, including the following steps:2

(a) Calculate mean, median, range, quartiles, interquartile range (IQR)

(b) Create a histogram and box-plot.

(c) Detect outliers by either using z-scores or IQR.

(d) Analyze your data set again without outliers (redo a and b).

(e) Summarize your findings, interpret the data, and reflect on how the presenceof outliers impacts the central tendencies and data distribution.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Numerical Analysis

Authors: Richard L. Burden, J. Douglas Faires

9th edition

538733519, 978-1133169338, 1133169333, 978-0538733519

More Books

Students also viewed these Mathematics questions

Question

What is electric dipole explain with example

Answered: 1 week ago

Question

Describe How to Develop and Communicoie o Vision.

Answered: 1 week ago

Question

a. Does your organization have a compliance and ethics office?

Answered: 1 week ago