Calculating-is your mean increasing or decreasing


Discussion:

In this assignment, you will continue to collect data for another 5-10 days for the data collection below. Write a paper (2- to 3-page, typed Word document) including all of the following content:

• Recalculate the mean (old mean = 419.33), standard deviation (old SD = 47.98 minutes), and variance (old variance = 2302.05).

• Is your mean increasing or decreasing?

• Explain the effects of the larger sample size in relation to your data.

• Do you think the current sample you have is enough to draw an accurate conclusion, or do you need a larger sample?

• What conclusions can you draw from comparing both sets of data?

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Basic Statistics: Calculating-is your mean increasing or decreasing
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