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B Heard
       (Do not copy or post without my
permission, students may download one
                 copy for personal use)
 Let’s   look at two questions
     The salaries of 7 randomly selected employees at
      Acme Inc. (in thousands) are listed as:
      27,33,35,39,42,46,51
     John Doe’s salary for the first 7 years of his
      career at Acme Inc (in thousands) was as follows:
      27,33,35,39,42,46,51
 Onthe chart that follows, there will be
 questions about each of these.
 For   both cases, do the following
   1.   Stem and leaf plot
   2.   Find the mean
   3.   Find the median
   4.   Identify the mode
   5.   Find the range
   6.   Find the variance
   7.   Find the standard deviation
1  Question
   st

(Dealing with a
   Sample)
•   The salaries of 7 randomly selected employees at
    Acme Inc. (in thousands) are listed as:
    27,33,35,39,42,46,51
     Not a problem on this one because this is
      “SAMPLE DATA”
        We can use Minitab
I   simply entered the data in Minitab
 For   the stem and leaf plot, I simply used
    Graph >> Stem and Leaf (selecting my data for graph
     variable)




                  This is not correct (there are two 3
                  stems and two 4 stems), so I went
                  back in to see what caused this. I
                  discovered I needed to put in a
                  value of “10” for the increment
                  because I want the stems to be the
                  “tens digit.”
 After   I did this, I got the correct stem and leaf
 Honestly,I like to type out my stem and leaf plots
 when I am dealing with a small amount of data
 (10 or less)



                                      2|   7
                                      3|   359
                                      4|   26
                                      5|   1
 This   is the first time I’ve ever caught this. I’m
  sure there is a reason, but I think I figured out
  a quick fix (that I explained to you)
 I still recommend just doing it by hand! Most,
  if not ALL of the problems you will see on
  quizzes and the final exam can EASILY BE DONE
  BY HAND.
     Always count your “leaves” and make sure you have
      the same number as you do data points
 As for the remainder of the question, I used
  Minitab for the FIRST ONE.
 Use Stat >> Display Descriptive Statistics
   Click Statistics >> /Display Descriptive Statistics
   Select your data
   Click “Statistics button” (chart that follows)
 Check/Uncheck   to get what you need
 Let’s   answer the questions




          1.   Stem and leaf plot (Done)
          2.   Find the mean (39.0)
          3.   Find the median (39.0)
          4.   Identify the mode (No Mode – the * means there isn’t one)
          5.   Find the range (24)
          6.   Find the variance (66.33)
          7.   Find the standard deviation (8.14)
 You   just need to know the buttons to push!

 Let’s   look at the second question.
2ndQuestion
(Dealing with a
  Population)
•   John Doe’s salary for the first 7 years of his career
    at Acme Inc (in thousands) was as follows:
    27,33,35,39,42,46,51
     THIS IS A POPULATION SINCE IT IS THE FIRST 7
      YEARS OF HIS CAREER (WE HAVE ALL OF THE
      DATA)
        We can use Minitab for everything except the
         Standard Deviation and Variance
1.   Stem and leaf plot
2.   Find the mean
3.   Find the median
4.   Identify the mode
5.   Find the range
6.   Find the variance
7.   Find the standard deviation
 Stem and leaf – The same as the previous
 since the data is the same




                                      2|     7
                                      3|     359
                                      4|     26
                                      5|     1
 The   other questions
                                                 NO




   1.    Stem and leaf plot (Done)
   2.    Find the mean (39.0)
   3.    Find the median (39.0)
   4.    Identify the mode (No Mode – the * means there isn’t one)
   5.    Find the range (24)
   6.    Find the variance (WRONG BECAUSE IT’S A POPULATION)
   7.    Find the standard deviation (WRONG BECAUSE IT’S A
         POPULATION)
 Since we are dealing with a population, the
  formula is different for the variance and
  standard deviation.
 Minitab only gives you the SAMPLE
  VARIANCE AND STANDARD DEVIATION
 Page   81- 83 in the online text
                                     Population formula
                                     Divides by “N” or
                                     the number of
                                     data points



                                     Sample formula
                                     Divides by “n-1” or
                                     “one less” than the
                                     number of data
                                     points
NOTE THE
DIFFERENCE IN THE
DENOMINATORS OF
THE FORMULAS
 Thereare a couple of ways you can do this to
 get the variance and standard deviation
 correct
    By hand using the formula from the text
    Do it in Excel
I   will show you how to do it in Excel
    First, simply type your data into Excel
 Ina different cell (below or to the right) start
  typing = std    (WHEN YOU DO, EXCEL WILL POP
  UP A LIST OF WHAT IT THINKS YOU WANT)
 When  you have done this, select your data by
 left clicking and dragging from the first data
 point to the last.
 Type   a right parentheses “)” and hit enter
    I see my Population Standard Deviation of 7.54
 Similarly,   I start typing “=var” and select
  =VARP(        to get the Population Variance of
  56.857
 I could have also squared 7.540368 (the
  Population standard deviation) to get the
  population variance
 Never round until your final answer
     That is why I noted 7.540368 rather than just
      7.54
 So  for the second problem, I had a
  Population.
 If I had used my Minitab variance and
  standard deviation, I would have missed the
  problem
 As we know now, the correct answer was
 Population Standard Deviation 7.54
 Population Variance 56.86
    I rounded to two decimal places for both
Good   Luck

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Essentials of Automations: Exploring Attributes & Automation Parameters
 
Session 1 - Intro to Robotic Process Automation.pdf
Session 1 - Intro to Robotic Process Automation.pdfSession 1 - Intro to Robotic Process Automation.pdf
Session 1 - Intro to Robotic Process Automation.pdf
 

Some tricky things math 221 week 3

  • 1. B Heard (Do not copy or post without my permission, students may download one copy for personal use)
  • 2.  Let’s look at two questions  The salaries of 7 randomly selected employees at Acme Inc. (in thousands) are listed as: 27,33,35,39,42,46,51  John Doe’s salary for the first 7 years of his career at Acme Inc (in thousands) was as follows: 27,33,35,39,42,46,51  Onthe chart that follows, there will be questions about each of these.
  • 3.  For both cases, do the following 1. Stem and leaf plot 2. Find the mean 3. Find the median 4. Identify the mode 5. Find the range 6. Find the variance 7. Find the standard deviation
  • 4. 1 Question st (Dealing with a Sample)
  • 5. The salaries of 7 randomly selected employees at Acme Inc. (in thousands) are listed as: 27,33,35,39,42,46,51  Not a problem on this one because this is “SAMPLE DATA”  We can use Minitab
  • 6. I simply entered the data in Minitab
  • 7.  For the stem and leaf plot, I simply used  Graph >> Stem and Leaf (selecting my data for graph variable) This is not correct (there are two 3 stems and two 4 stems), so I went back in to see what caused this. I discovered I needed to put in a value of “10” for the increment because I want the stems to be the “tens digit.”
  • 8.  After I did this, I got the correct stem and leaf
  • 9.  Honestly,I like to type out my stem and leaf plots when I am dealing with a small amount of data (10 or less) 2| 7 3| 359 4| 26 5| 1
  • 10.  This is the first time I’ve ever caught this. I’m sure there is a reason, but I think I figured out a quick fix (that I explained to you)  I still recommend just doing it by hand! Most, if not ALL of the problems you will see on quizzes and the final exam can EASILY BE DONE BY HAND.  Always count your “leaves” and make sure you have the same number as you do data points
  • 11.  As for the remainder of the question, I used Minitab for the FIRST ONE.  Use Stat >> Display Descriptive Statistics
  • 12. Click Statistics >> /Display Descriptive Statistics  Select your data  Click “Statistics button” (chart that follows)
  • 13.  Check/Uncheck to get what you need
  • 14.  Let’s answer the questions 1. Stem and leaf plot (Done) 2. Find the mean (39.0) 3. Find the median (39.0) 4. Identify the mode (No Mode – the * means there isn’t one) 5. Find the range (24) 6. Find the variance (66.33) 7. Find the standard deviation (8.14)
  • 15.  You just need to know the buttons to push!  Let’s look at the second question.
  • 17. John Doe’s salary for the first 7 years of his career at Acme Inc (in thousands) was as follows: 27,33,35,39,42,46,51  THIS IS A POPULATION SINCE IT IS THE FIRST 7 YEARS OF HIS CAREER (WE HAVE ALL OF THE DATA)  We can use Minitab for everything except the Standard Deviation and Variance
  • 18. 1. Stem and leaf plot 2. Find the mean 3. Find the median 4. Identify the mode 5. Find the range 6. Find the variance 7. Find the standard deviation
  • 19.  Stem and leaf – The same as the previous since the data is the same 2| 7 3| 359 4| 26 5| 1
  • 20.  The other questions NO 1. Stem and leaf plot (Done) 2. Find the mean (39.0) 3. Find the median (39.0) 4. Identify the mode (No Mode – the * means there isn’t one) 5. Find the range (24) 6. Find the variance (WRONG BECAUSE IT’S A POPULATION) 7. Find the standard deviation (WRONG BECAUSE IT’S A POPULATION)
  • 21.  Since we are dealing with a population, the formula is different for the variance and standard deviation.  Minitab only gives you the SAMPLE VARIANCE AND STANDARD DEVIATION
  • 22.  Page 81- 83 in the online text Population formula Divides by “N” or the number of data points Sample formula Divides by “n-1” or “one less” than the number of data points NOTE THE DIFFERENCE IN THE DENOMINATORS OF THE FORMULAS
  • 23.  Thereare a couple of ways you can do this to get the variance and standard deviation correct  By hand using the formula from the text  Do it in Excel
  • 24. I will show you how to do it in Excel  First, simply type your data into Excel
  • 25.  Ina different cell (below or to the right) start typing = std (WHEN YOU DO, EXCEL WILL POP UP A LIST OF WHAT IT THINKS YOU WANT)
  • 26.  When you have done this, select your data by left clicking and dragging from the first data point to the last.
  • 27.  Type a right parentheses “)” and hit enter  I see my Population Standard Deviation of 7.54
  • 28.  Similarly, I start typing “=var” and select =VARP( to get the Population Variance of 56.857  I could have also squared 7.540368 (the Population standard deviation) to get the population variance  Never round until your final answer  That is why I noted 7.540368 rather than just 7.54
  • 29.  So for the second problem, I had a Population.  If I had used my Minitab variance and standard deviation, I would have missed the problem  As we know now, the correct answer was  Population Standard Deviation 7.54  Population Variance 56.86  I rounded to two decimal places for both
  • 30. Good Luck