Question

Use Word to documents your comparison of the two years and explain your findings in at least two paragraphs. Including: Explain standard deviation in terms of your calculations. What does it mean? Explain margin of error in terms of your calculations. What does it mean? Explain correlation coefficient in terms of your findings. What does it mean? What else stands out? If there were changes, what could you attribute them to? Do you notice anything questionable about the data? If so, what?

Answer 1

In statistics, the standard deviation deviation may be a measure of the quantity of variation or dispersion of a group of values. The margin of error may be a statistic expressing the number of sampling error within the results of a survey. The correlation could be a statistical measure of the strength of the connection between the relative movements of two variables.

Given nothing and that we need to explain standard deviation. margin of error, correlation coefficient .

Standard deviation

In statistics, the standard deviation may be a measure of the number of variation or dispersion of a group of values. an occasional variance indicates that the values tend to be near the mean of the set, while a high variance indicates that the values are detached over a wider range.

Formula: $\sqrt{(x-x bar)^{2}/N }$

where x bar is mean and N is size of population.

Margin of error

The margin of error may be a statistic expressing the quantity of sampling error within the results of a survey. The larger the margin of error, the less confidence one should have that a poll result would reflect the results of a survey of the complete population.

Formula for M=z*s/$\sqrt{n}$

here z is z value of Z score , s is variance , n is that the sample size.

Correlation coefficient

In statistics, the Pearson parametric statistic ― also called Pearson's r, the Pearson product-moment parametric statistic, the bivariate correlation, or colloquially simply because the coefficient of correlation ― could be a measure of linear correlation between two sets of information.

Formula=∑$(x_{i} -x bar)(y_{i} -y bar)/\sqrt{}$∑$(x_{i} -x bar)^{2}$∑$(y_{i}-ybar) ^{2}$

Learn more about correlation coefficient at brainly.com/question/4219149

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