When is the meanthe best measure of central tendency? When is the medianthe best measure of central tendency? Explain.
A researcher has determined that the distribution of annual salaries of NBA players is bell-shaped and symmetrical about the mean salary, do you think that introducing Michael Jordan’s last annual salary of more than $30 million would skew this distribution? Explain why or why not. What would be the best measure of central tendencyfor this distribution? Explain
Give an example representing a discrete probabilitydistribution and a continuous probability distribution. Explain why your choice is discrete and continuous.
Carefully define a standard normal distribution. Why does a researcher want to go from a normal distribution to a standard normal distribution? Explain.
This solution answers four questions about central tendency, skewed distributions, discrete and continuous probability distributions and the standrd normal distribution.