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Jance, Marsha; Thomopoulos, Nick – American Journal of Business Education, 2009
The extreme interval values and statistics (expected value, median, mode, standard deviation, and coefficient of variation) for the smallest (min) and largest (max) values of exponentially distributed variables with parameter ? = 1 are examined for different observation (sample) sizes. An extreme interval value g[subscript a] is defined as a…
Descriptors: Intervals, Statistics, Predictor Variables, Sample Size