How do we calculate mean deviation? Discuss its significance and use in various concepts of statistics. How it differs from quartile deviation
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How do we calculate mean deviation?
Discuss its significance and use in various
concepts of statistics. How it differs from
quartile deviation
Step by step
Solved in 4 steps
- Calculate the individual’s equivalent variation.24 John works in an appliance store. His sales commission depends on the number of units sold per period, and the overall average price of all units sold. The following is a report of his sales effort in a given month. The report shows the price and the percent of total units sold at that price. Percent of total units Item Price sold A $1,640 10% B 1270 25% C 860 35% D 460 20% E 200 10% The overall mean price of all items sold is, a $930.64 b $912.39 c $894.50 d $876.96What is effect size in statistics
- Differentiate the function. 2x3 y = 7 4x3 dy dx 3. ||A department-store manager is interested in the number of complaints received by the customer-service department about the quality of electrical products sold by the store. Records over a 5-week period show the following number of complaints for each week: 13 15 8 16 8 a. Compute the mean number of weekly complaints.b. Calculate the median number of weekly complaints. c. Find the mode.Discuss the concept of measurement from the perspectives of accuracy, validity, and reliability. Ensure you define all three of these. Also briefly discuss the various types of validity.