Median

What is the 95% confidence interval of the conditional average treatment effect for above-median water users?

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Estimate the standard error of the estimated CATE for below-median water users. Designing Experiment Homework 5 Article & Data This homework is partially based on Ferraro and Price (2013) Review of Economics and Statistics, which you used for HW1-HW3, and partially based on Thornton (2008) American Economic Review, which you used for HW3-HW4. Individual Questions … Read more

What is the median salary for men in this sample?What are the mean and standard deviation of salaries for women?

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Statistic Problem The following data are based on numbers taken from the Bureau of Labor Statistics surveys from the year 2019 ( https://www.bls.gov/cps/aa2019/cpsaat39.htm ), for community, service, social science, and education occupations. They represent the average weekly pay for wage and salary earners measured during 2019 and broken down by gender. Enter these data into … Read more

Central Tendency: explain the difference between mean and median.is mean always larger than median?

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Central Tendency 1.Explain the difference between mean and median. Is mean always larger than median? (4pts) 2. Explain the difference between μ and x . How do you determine which is appropriate to use in a problem? (4pts) 3. Explain the difference between σ and s. How do you determine which is appropriate to use … Read more

Identify whether this rate represents the mean or the median of the data set.Assess whether that is ideally what you’d want to know for this data.provide a specific reason for your answer.

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This video focuses on when to use a mean and when to use a median. When data all have similar values, such as housing prices of similar-sized houses on the same block, then the mean is an appropriate measure, but if the value of one residence is 50 times as high as the others, then … Read more