Hey there,
I need to create a statistical formula to show the methodology for how I am analyzing a data set. I'm a little rusty at statistics, going through pages after pages of formulas that just didn't check out. I'm hoping you can point me in the right direction.
Here's an example of the data:
That's pretty much it. I would appreciate any assistance you give.
Thanks
Jake
I need to create a statistical formula to show the methodology for how I am analyzing a data set. I'm a little rusty at statistics, going through pages after pages of formulas that just didn't check out. I'm hoping you can point me in the right direction.
Here's an example of the data:
| 10 |
| 40 |
| 30 |
| 20 |
| 10 |
| 22 <----the average |
| 40 <----divided by the maximum value |
| 0.55 <----end result |
That's pretty much it. I would appreciate any assistance you give.
Thanks
Jake