Complete IOP2601 Assignment 4 Answers- Semester 2-2023. Distinction Guaranteed or money back! This document includes detailed answers, guidelines and calculations for the IOP2601 Assessment 4 due 10 October 2023. TRUSTED & QUALITY SOLUTIONS. Distinction Guaranteed. Feel Free to DM for any further a...
, QUESTION ANSWERS
NUMBER
QUESTION 1
(a) Descriptive statistics – a technique for organising, summarising and describing data. This
is the descriptive research approach. Descriptive statistics include the mean, variance,
skewedness and kurtosis.
Inferential statistics – a technique applied to samples in order to make inferences about
populations. This is also known as the experimental research approach. Inferential statics
include the linear regression analysis, analysis of variance (ANOVA), logit/Probit models
and null hypothesis testing.
P.G. 10 Study Guide
(b) Negatively skewed distribution (skewed to the left, which means the long tail points
towards the negative or small numbers). For example, students’ exam scores make a curve
that is skewed to the left means that most students have high performance scores and a
small number of students would have low performance scores, these are the outliners in the
data set that causes it to be negatively skewed.
Positively skewed distribution (skewed to the right, which means the long tail points
towards the positive or large numbers). For example, students’ exam scores make a curve
that is skewed to the right means that most students have low performance scores and a
small number of students that have high performance scores, these are the outliners in the
data set that causes it to be positively skewed.
P.G. 39 Study Guide, P.G. 28 Textbook
Page 1 of 14
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller PrettyStandard. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R50,00. You're not tied to anything after your purchase.