Suppose that you are working with a data set and want to check for any outliers. What should you do? Suppose you detect an outlier. What are some of your options, and how would you make your decision?
What will be an ideal response?
Inspect the data using either graphical tools or descriptive statistics. If the mean is quite a bit different from the median, there may be an outlier or outliers. We would want to examine the outlier to make sure that it was a legitimate value. If so, we should keep it in the data set. Otherwise we may want to remove it from the data set.
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Much fanfare was made about Quon’s latest bonus in the office. He has always been a high performer. However, this year he received an extra-large bonus. His coworker Hannah got a little tired of hearing about Quon’s bonus and decided that next year she would win some of the bonus money. Which advantage of individual incentives does this illustrate?
A. They make it easy to evaluate individual employees. B. They offer the ability to match rewards to employee desires. C. They promote the link between performance and results. D. They may motivate less productive employees to work harder.
Identify the preposition or prepositions in the sentence. Gina and Mario walked beside the lake
Liquidity ratios attempt to measure the adequacy of a family's net worth
Indicate whether the statement is true or false.
Products should be designed ______.
a. to ensure long time between failures b. to ensure long time to repair c. to ensure long downtimes d. to ensure long develop times