1. The below data is a sample of Beyoncè songs. Reference this…

1. The below data is a sample of Beyoncè songs. Reference this table when answering the following questions. Song Title Peak Position Love Drought 47 Don’t Hurt Yourself 28 6 Inch 18 Drunk in Love 2 a) Calculate the sample mean (round to the nearest whole number). b) Calculate the sample variance & sampling variance. c) Explain the difference between sample variance and sampling variance; and also standard error versus standard deviation. 2. Construct a simple econometrics model, explaining the variations in crime rates (come up with at least 10 factors). Assign arbitrary coefficients and

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