“Auto Insurance Costs: Where Does Your State Rank?”

Statistics : 1
Paper , Order, or Assignment Requirements

Statistician Nate Silver became famous in 2008 when he correctly predicted the Presidential Election in 49 of the 50 states. Mr. Silver has done more than just predicting elections. Visit Nate Silver’s blog, located at https://fivethirtyeight.com/, and read one blog entry that is related to one of this week’s topics. • From the activity, summarize the blog entry that you have read. Next, explain the manner in which Nate Silver’s analysis in your chosen blog entry addresses the salient points of one particular topic related to this class. • H.G. Wells once said, “Statistical thinking will one day be as necessary for efficient citizenship as the ability to read and write!” Take a position on whether you agree or disagree with this statement, and provide a rationale for your response.
Visit one of the following newspapers’ websites: Wall Street Journal, Washington Post, USA Today, or New York Times. Select a line graph, pie chart, or bar chart on the website. • From the activity, discuss the data that the graph is used to visually represent. Speculate on why the editor chose the graph, as opposed to merely reporting the data. Read the article titled, “Auto Insurance Costs: Where Does Your State Rank?” https://www.cbsnews.com/news/auto-insurance-costs-where-does-your-state-rank/ • From the activity, the table shows Average Insurance Costs by State. Select two (2) states that are of interest to you. Next, speculate on three (3) possible reasons why the states you have chosen would have a difference in average insurance costs. • From the activity, select ten (10) states and calculate the mean and standard deviation for average insurance costs. Next, calculate the mean and standard deviation for average insurance costs for all 51 states (including Washington, D.C.). Compare and contrast the means and standard deviations for the ten (10) states you selected and all 51 states.

"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"