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Jul 28, 2014
3:19
:08
pm
KingDave
If you want the average rate
You need to divide the AVERAGE revenue by the AVERAGE units, not the totals divided by the totals.
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KingDave
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KingDave
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Oct 12, 2009
Last login
May 2, 2024
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69,389 (20,636 FO)
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Messages
Author
Time
Question for you Math Wizards
svcougfan
7/28/14 3:12pm
I think your heteroscedasticity is off, check your variances again.
2RUEBLUE
7/28/14 3:17pm
<< Deleted >>
cvd6262
7/28/14 3:17pm
Got the 0.5 and 345.295 how did you get the
svcougfan
7/28/14 3:24pm
If you want the average rate
KingDave
7/28/14 3:19pm
So Average Revenue is 345.30 and Average Units is .50
svcougfan
7/28/14 3:23pm
I'm an idiot
KingDave
7/28/14 3:24pm
RE: So Average Revenue is 345.30 and Average Units is .50
svcougfan
7/28/14 3:25pm
Let me send out the IndyCoug signal, he'll help you
kimchicoug
7/28/14 3:22pm
It's that negative number that is throwing you off. messes the whole thing up
rggee
7/28/14 4:17pm
If you change them to positive, it gives you a much closer number. 137.109
rggee
7/28/14 4:23pm
You need to take the Harmonic Mean
Marking Time
7/28/14 4:18pm
Thanks! My boss now thinks that I am a genius!
svcougfan
7/28/14 4:41pm
That statistics class I took back in 1972 finally paid off.
Marking Time
7/28/14 4:47pm
haha
svcougfan
7/28/14 4:51pm
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