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Instruction 3-4
The ordered array below represents the number of cargo manifests approved by customs inspectors at the Port
of Brisbane in a sample of 35 days.
16,17,18,18,19,20,20,21,21,21,22,22,22,22,23,23,23,23,24,24,24,25,25,26,26,26,27,28,28,29,29,31,31,32,32
Note: For this sample,the sum of the observations is 838,the sum of the squares of the observations is 20,684,
and the sum of the squared differences between each observation and the mean is 619.89.
-Referring to Instruction 3-4,the first quartile of the customs data is ________.
First-order
Typically refers to the simplest form of a mathematical model or differential equation, indicating that it involves only the first derivatives or linear terms.
Stock Sales
The process or activity of selling shares of a company on the stock market.
Quadratic Trend Analysis
A statistical method used to determine if a quadratic relationship exists between a dependent variable and an independent variable.
Exponential Smoothing
A time series forecasting method for univariate data that applies weighted averaging of past observations, where the weights decrease exponentially over time.
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