The accompanying data file contains 3 variables, x1,x2, and x3, and 6 observations. Click here...
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The accompanying data file contains 3 variables, x1,x2, and x3, and 6 observations. Click here for the Excel Data File a. Bin the values of x1 into 2 equal size groups. Label the groups with numbers 1 (lower values) and 2 (higher values). What is the average value of x1 for group 1 ? (Hint: Sort the data by group number before calculating the average.) Note: Round your final answer to two decimal places. b. Bin the values of x2 into 3 equal interval groups. Label the groups with numbers 1 (lowest values) to 3 (highest values). How many observations are assigned to group 1 ? c. Bin the values of x3 into the following two groups: 550 and >50. Label the groups with numbers 1 (lower values) and 2 (higher values). How many observations are assigned to group 2? Unknown environment 'tabular'
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