(A new question of the week) A recent question (from May) about approximating the binomial distribution with the normal distribution led to some (accidental and otherwise) insights about the method. I have to solve this problem: A manufacturing company uses an acceptance scheme on items from a production line before they are shipped. The plan …
News about testing for viruses has reminded me of a couple problems that I linked to some time ago, but never dealt with directly. The question is, given data such as the result of a (fallible) blood or swab test, how sure can we be of the results? The answer is sometimes surprising. False positives …
(An archive question of the week) We’ve been looking at some issues involving frequency distributions and the classes used in them. Let’s look at a related concept with some similar issues, namely the cumulative distribution function (CDF), also called an ogive (more on that name at the end of the post!). What is an ogive? …
(A new question of the week) A recent question raised a different issue about grouped frequency distributions than we have discussed previously: What do you do when the last class is labelled something like “30 or more”? As we’ll see, there is no one right answer! An open question Here is the initial question, which …
Two of our most-viewed posts deal with Mode and Median of Grouped Data: how to calculate these statistics for data that is supplied in the form of frequencies for classes of data (bins), rather than the individual data values. Here we’ll complete that topic with a look at the less troublesome cases of Mean and …
One of the questions we looked at in our recent survey of percent change problems involved percentages over 100%, which often confuse students. How can anything be more than 100%? Let’s look at a couple questions about that issue. No such thing? Take this question from 1999: More Than 100 Percent Please help to settle …
We have looked at how to calculate, apply, and undo a percent increase or decrease. Here we will look at some special terms used in business for percent increases, which have been a source of many questions over the years. Finding the markup or margin Markup and margin refer to the profit (difference between cost …
Having discussed how to calculate the percent change between two numbers, and how to apply such a change to one number to get a new number, we need to look at what may be one of the most common types of questions we get: reversing a percent change (increase or decrease) to find the original …
A question we got in March asked about working with percent increases. As I replied to this rather common topic, referring to an archived answer, I was reminded that this would is a very common type of question, and would be a good topic to cover in the blog. So that will be the topic …
(An archive question of the week) Last time we looked at a formula for approximating the mode of grouped data, which works well for normal distributions, though I have never seen an actual proof, or a statement of conditions under which it is appropriate. We have also received questions about a much more well-known, and …