Which of the following best describes the correct interpretation of (Mean Absolute Percentage Error)?
Table of contents
- 1. Intro to Stats and Collecting Data1h 14m
- 2. Describing Data with Tables and Graphs1h 56m
- 3. Describing Data Numerically2h 5m
- 4. Probability2h 16m
- 5. Binomial Distribution & Discrete Random Variables3h 6m
- 6. Normal Distribution and Continuous Random Variables2h 11m
- 7. Sampling Distributions & Confidence Intervals: Mean3h 23m
- Sampling Distribution of the Sample Mean and Central Limit Theorem19m
- Distribution of Sample Mean - ExcelBonus23m
- Introduction to Confidence Intervals15m
- Confidence Intervals for Population Mean1h 18m
- Determining the Minimum Sample Size Required12m
- Finding Probabilities and T Critical Values - ExcelBonus28m
- Confidence Intervals for Population Means - ExcelBonus25m
- 8. Sampling Distributions & Confidence Intervals: Proportion2h 10m
- 9. Hypothesis Testing for One Sample5h 8m
- Steps in Hypothesis Testing1h 6m
- Performing Hypothesis Tests: Means1h 4m
- Hypothesis Testing: Means - ExcelBonus42m
- Performing Hypothesis Tests: Proportions37m
- Hypothesis Testing: Proportions - ExcelBonus27m
- Performing Hypothesis Tests: Variance12m
- Critical Values and Rejection Regions28m
- Link Between Confidence Intervals and Hypothesis Testing12m
- Type I & Type II Errors16m
- 10. Hypothesis Testing for Two Samples5h 37m
- Two Proportions1h 13m
- Two Proportions Hypothesis Test - ExcelBonus28m
- Two Means - Unknown, Unequal Variance1h 3m
- Two Means - Unknown Variances Hypothesis Test - ExcelBonus12m
- Two Means - Unknown, Equal Variance15m
- Two Means - Unknown, Equal Variances Hypothesis Test - ExcelBonus9m
- Two Means - Known Variance12m
- Two Means - Sigma Known Hypothesis Test - ExcelBonus21m
- Two Means - Matched Pairs (Dependent Samples)42m
- Matched Pairs Hypothesis Test - ExcelBonus12m
- Two Variances and F Distribution29m
- Two Variances - Graphing CalculatorBonus16m
- 11. Correlation1h 24m
- 12. Regression3h 33m
- Linear Regression & Least Squares Method26m
- Residuals12m
- Coefficient of Determination12m
- Regression Line Equation and Coefficient of Determination - ExcelBonus8m
- Finding Residuals and Creating Residual Plots - ExcelBonus11m
- Inferences for Slope31m
- Enabling Data Analysis ToolpakBonus1m
- Regression Readout of the Data Analysis Toolpak - ExcelBonus21m
- Prediction Intervals13m
- Prediction Intervals - ExcelBonus19m
- Multiple Regression - ExcelBonus29m
- Quadratic Regression15m
- Quadratic Regression - ExcelBonus10m
- 13. Chi-Square Tests & Goodness of Fit2h 21m
- 14. ANOVA2h 28m
3. Describing Data Numerically
Mean
Multiple Choice
Suppose the probability density function is for . Which of the following statements is true about the median of ?
A
The median of is .
B
The median of is .
C
The median of is .
D
The median of is .
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Verified step by step guidance1
Identify the given probability density function (pdf): \(f(x) = \frac{1}{2}\) for \$0 < x < 2$. This means the distribution is uniform over the interval (0, 2).
Recall that the median \(m\) of a continuous random variable \(X\) is the value such that the cumulative distribution function (CDF) satisfies \(P(X \leq m) = 0.5\).
Find the cumulative distribution function (CDF) by integrating the pdf from the lower bound up to \(x\): \(F(x) = \int_0^x \frac{1}{2} \, dt = \frac{x}{2}\) for \$0 < x < 2$.
Set the CDF equal to 0.5 to find the median: \(F(m) = \frac{m}{2} = 0.5\).
Solve the equation \(\frac{m}{2} = 0.5\) for \(m\) to find the median value.
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