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ECMT1010 - Major assignment

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Major assignment for the course. Received 39/40.

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17 Pages Essays / Projects > 2 Years old* Previously uploaded under: ECMT1010 - Business and Economic Statistics A
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ECMT1010 - Major assignment
Topics this document covers:
Parametric statistics Statistical inference Statistics Multivariate statistics Regression analysis Estimation theory Statistical tests Actuarial science Linear regression Coefficient of determination Errors and residuals Simple linear regression
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Topics this document covers:
Parametric statistics Statistical inference Statistics Multivariate statistics Regression analysis Estimation theory Statistical tests Actuarial science Linear regression Coefficient of determination Errors and residuals Simple linear regression
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Briefly discuss the relevant aspects of each variable. HISTOGRAM 1 Mean Standard Error Median Mode Standard Deviation Sample Variance Skewness Range Minimum Maximum 13.72839506 0.153747532 13 13 2.396686826 5.744107744 -0.427485883 15 3 18 HISTOGRAM 2 Mean Standard Error Median Mode Standard Deviation Sample Variance Skewness Range Minimum Maximum 17.74074074 0.634524059 15 9 9.891251178 97.83684986 1.432865402 63.3 1.59 64.89 Education It can be interpreted from the histogram that the majority of the data lays in the class 12-15. A relationship can be drawn between this interval and the mean, a measure of central tendency, as the mean's value of 13.73 also lays within this class. As well as this, the mode (13) is also in this interval further supporting the information in the histogram. As the mean, median and mode are all very similar, the h...
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