THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 42

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
A sample of 10 observations produces the following summary values:
= 10815.472,
= 72.48 and S² = 28.044
-What is the approximate value of kurtosis?

• A)0.049
• B)1.375
• C)0.221
• D)1.173

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Definitions:

Population

The entire set of individuals or objects of interest or the measurements obtained from all individuals or objects of interest.

Parameter

A value that describes a characteristic of a population, such as its mean or standard deviation, often used in statistical models and inference.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how much the values in a dataset deviate from the mean.

Sampling Distribution

Distribution of likelihood for a distinct statistic, emanating from a random selection.