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Another function that we will use to perform relative frequency and cumulative relative frequency is the absolute cell function . If I wanted to find the percentage of students who arrived on campus by car, I would need to take the sum of students who took the survey and drove a car then divide that number by the total number of students who took the survey. I would need to use the same process to find the relative frequency of students who took the bus, rode their bike, or walked to campus. Rather than enter that formula 4 times you will be able to copy and paste this formula from row to row if you use the absolute cell function. To create a cell that will never change even if you copy and paste a cell to a different column or row you will need to add a “$” dollar sign in front of the column and row signature. For instance if you want to keep cell h2 constant even if the formula is copied and pasted to a new row or column, you would need to write that cells name as $h$2, We will see an application of this as we work with relative frequency. When one copies a formula from one cell to another without the absolute cell function “$” the dollar sign, the formula is relative and the cell reference will change. Copy the cell that you used to enter =h2+h5 into a new row in the same column (if you entered it into K2, copy and paste it into cell K4. What happens? The value is not the same. Look at the formula bar and it will indicate that the new reference was +h4+h7. Why did that happen? The reference was relative and you kept the same column but moved down two rows the rows in the formula also changed by two. Now, put an absolute function sign “$” the dollar sign in front of the cell reference. Enter =$h$2+$h$5 in a cell. Then copy and paste this function to any other cell in a different row or column and you will see that the reference is absolute. It does not change.

Optional classroom exercise:

At your computer, try this exercise: (1) Download the file, Statistics First Day of Class Survey; (2) Save the file to your desktop and one other cloud or personal recording device (jump drive, email) Be sure to name this file as indicated above (name of project with your full name); (3) open the file in Google Spreadsheet and create sheet labels; (4) save file and open in Excel; (change at least one row or column by wrapping text, right justifying) (5) Clean the data file so that each column has only categorical information or measurement data with all the same units of measurement and any label (other than in the column headings) removed. (6) Enter a formula into a cell with a relative reference and then with an absolute reference. Copy and paste the two formulas into other columns or rows. What happens? (7) save the file again and post in the appropriate Moodle assignment.

Summarizing Data :

Categorical and measurement data are summarized differently as indicated in the text. Both categorical and measurement data can be summarized by frequency distributions but when we use charts and graphs to display data we will look at the difference between displaying categorical data using pie charts and bar graphs while we will use vertical or horizontal histograms, box plots, or stem and leaf graphs to display measurement data. In this chapter we will only address frequency distributions and the display of categorical data. In the next chapter you will learn how to display measurement data. For the following examples we will use data from the Statistics First Day of Class Survey using only sample data from How did you arrive on campus today? And The number of college credit hours you have completed to date.

Questions & Answers

differentiate between demand and supply giving examples
Lambiv Reply
differentiated between demand and supply using examples
Lambiv
what is labour ?
Lambiv
how will I do?
Venny Reply
how is the graph works?I don't fully understand
Rezat Reply
information
Eliyee
devaluation
Eliyee
t
WARKISA
hi guys good evening to all
Lambiv
multiple choice question
Aster Reply
appreciation
Eliyee
explain perfect market
Lindiwe Reply
In economics, a perfect market refers to a theoretical construct where all participants have perfect information, goods are homogenous, there are no barriers to entry or exit, and prices are determined solely by supply and demand. It's an idealized model used for analysis,
Ezea
What is ceteris paribus?
Shukri Reply
other things being equal
AI-Robot
When MP₁ becomes negative, TP start to decline. Extuples Suppose that the short-run production function of certain cut-flower firm is given by: Q=4KL-0.6K2 - 0.112 • Where is quantity of cut flower produced, I is labour input and K is fixed capital input (K-5). Determine the average product of lab
Kelo
Extuples Suppose that the short-run production function of certain cut-flower firm is given by: Q=4KL-0.6K2 - 0.112 • Where is quantity of cut flower produced, I is labour input and K is fixed capital input (K-5). Determine the average product of labour (APL) and marginal product of labour (MPL)
Kelo
yes,thank you
Shukri
Can I ask you other question?
Shukri
what is monopoly mean?
Habtamu Reply
What is different between quantity demand and demand?
Shukri Reply
Quantity demanded refers to the specific amount of a good or service that consumers are willing and able to purchase at a give price and within a specific time period. Demand, on the other hand, is a broader concept that encompasses the entire relationship between price and quantity demanded
Ezea
ok
Shukri
how do you save a country economic situation when it's falling apart
Lilia Reply
what is the difference between economic growth and development
Fiker Reply
Economic growth as an increase in the production and consumption of goods and services within an economy.but Economic development as a broader concept that encompasses not only economic growth but also social & human well being.
Shukri
production function means
Jabir
What do you think is more important to focus on when considering inequality ?
Abdisa Reply
any question about economics?
Awais Reply
sir...I just want to ask one question... Define the term contract curve? if you are free please help me to find this answer 🙏
Asui
it is a curve that we get after connecting the pareto optimal combinations of two consumers after their mutually beneficial trade offs
Awais
thank you so much 👍 sir
Asui
In economics, the contract curve refers to the set of points in an Edgeworth box diagram where both parties involved in a trade cannot be made better off without making one of them worse off. It represents the Pareto efficient allocations of goods between two individuals or entities, where neither p
Cornelius
In economics, the contract curve refers to the set of points in an Edgeworth box diagram where both parties involved in a trade cannot be made better off without making one of them worse off. It represents the Pareto efficient allocations of goods between two individuals or entities,
Cornelius
Suppose a consumer consuming two commodities X and Y has The following utility function u=X0.4 Y0.6. If the price of the X and Y are 2 and 3 respectively and income Constraint is birr 50. A,Calculate quantities of x and y which maximize utility. B,Calculate value of Lagrange multiplier. C,Calculate quantities of X and Y consumed with a given price. D,alculate optimum level of output .
Feyisa Reply
Answer
Feyisa
c
Jabir
the market for lemon has 10 potential consumers, each having an individual demand curve p=101-10Qi, where p is price in dollar's per cup and Qi is the number of cups demanded per week by the i th consumer.Find the market demand curve using algebra. Draw an individual demand curve and the market dema
Gsbwnw Reply
suppose the production function is given by ( L, K)=L¼K¾.assuming capital is fixed find APL and MPL. consider the following short run production function:Q=6L²-0.4L³ a) find the value of L that maximizes output b)find the value of L that maximizes marginal product
Abdureman
types of unemployment
Yomi Reply
What is the difference between perfect competition and monopolistic competition?
Mohammed
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Source:  OpenStax, Collaborative statistics using spreadsheets. OpenStax CNX. Jan 05, 2016 Download for free at http://legacy.cnx.org/content/col11521/1.23
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