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Statistical Analysis with Software Application Answer and provide a short explanation. 1. What is the purpose of variable 'i' in summation notation? 2. How to

Statistical Analysis with Software Application

Answer and provide a short explanation.

1. What is the purpose of variable 'i' in summation notation?

2. How to prove a summation notation theorem?

3. Differentiate factorial notation and binomial coefficient?

4. What are the three methods to compute for the mean using MS Excel?

5. How to compute for the variance?

Thank you!!!

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