you may extract the mean and standard deviating for the variables from the follo
ID: 3310631 • Letter: Y
Question
you may extract the mean and standard deviating for the variables from the following:
Variable | Obs Mean Std. Dev. Min Max
-------------+---------------------------------------------------------
THI | 950 196963.1 220703.2 14691 2572904
--------+---------------------------------------------------------
SHW | 950 25981.57 32237.46 2910 450978
SEX | 0
HA | 950 51.28316 13.26288 18 96
-------------+---------------------------------------------------------
NFM | 950 4.768421 2.401934 1 17
-------------+---------------------------------------------------------
HouseAge | 950 14.61368 10.54726 0 93
-------------+---------------------------------------------------------
Numberofbe~s | 950 1.905263 .9292539 0 8
-------------+---------------------------------------------------------
gender | 950 1.812632 .3904125 1 2
THISQ | 950 8.75e+10 3.39e+11 2.16e+08 6.62e+12
interpret the data
Explanation / Answer
so here from the output we can infer that we have 950 observations for each variable.
The variables here are THI ,SHW,HA ,NFM,HouseAge ,Numberofbe~s ,gender and THISIQ.
As we know that
The mean is the average of the numbers: a calculated "central" value of a set of numbers.
To calculate: Just add up all the numbers, then divide by how many numbers there are.
So here for each variable mean is given.
ex., 196963.1 is the mean of THI variable. i.e. the sum of all the values of THI/950 is 196963.1 and so on for rest of the variables.
The mean is the average of the numbers: a calculated "central" value of a set of numbers.
To calculate: Just add up all the numbers, then divide by how many numbers there are.
Standard deviation is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean.
ex., for THI the dispersion of the data set from the mean is 220703.2 and so the variance will be 220703.2^2.
Min and Max gives the minimum and maximum values of the data set respectively. so here we have in THI varibale min is 14691 and max is 2572904 and so we can say that the range for the THI is starting from 14691 and goes till 2572904 .
You can replicate the same for rest of the variables as well if you want to detail each and every variable in depth but in a nutshell the above provided answer explains all.
Hope the above explaination has helped you in understanding the problem Pls upvote the ans if it has really helped you. Good Luck!!
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