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Exam (elaborations)

BSNS 112 MIDTERM AND FINAL EXAM

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  • Course
  • BSNS 112
  • Institution
  • BSNS 112

BSNS 112 MIDTERM AND FINAL EXAM

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  • September 10, 2024
  • 15
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • bsns 112
  • BSNS 112
  • BSNS 112
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leonardmuriithi061
BSNS 112 MIDTERM AND FINAL EXAM

Quantitative data - ANSWER Data that is numerical e.g. age, always has a mean

Discrete data - ANSWER Numerical data measured in specific values e.g. number of
students in a class

Continous data - ANSWER Numerical data that can be measured in an infinite
number of values e.g. height, age, time. Associated with measurements

Qualitative data - ANSWER Measured by the number of people that exist within a
group or category, has proportions (proportion of people that fit within a certain
category) e.g. proportion of people in Dunedin that are from the North Island

Ordinal data - ANSWER Categorical data that conveys a ranking e.g. clothes sizes

Nominal data - ANSWER Categorical data that conveys no ranking, categories are
just labels e.g. ethnicity

Cross Tabulation - ANSWER Compares a categorical variable with another
categorical variable - table

Scatter plot - ANSWER Compares a numerical value with another numerical value

Frequency table - ANSWER Analyses one categorical variable

Stacked/Clustered bar chart - ANSWER Compares one categorical variable with
another categorical variable - chart

Relative frequency histogram - ANSWER Compares one categorical variable with a
numerical variable

Mean - ANSWER Simple average

Median - ANSWER Middle value

Mode - ANSWER Most common value

Trimmed mean - ANSWER Average calculated when most extreme 5% of data is cut
out

Range - ANSWER Max - min

Interquartile range - ANSWER Middle 50%

Variance - ANSWER Measure of spread of data around the mean, equal to standard
deviation squared

, Standard deviation - ANSWER Square root of variance, bigger standard deviation
means narrower graph

Coefficient of variation - ANSWER Compares variability between groups with
different magnitudes

Positive skewness - ANSWER To the right, mean > median > mode

Negative skewness - ANSWER To the left, mode > median > mean

Significantly skewed - ANSWER Skewness more than twice the standard error

Kurtosis - ANSWER Measure of extent to which observations cluster around a
central point

Kurtosis of normal distribution - ANSWER Kurtosis statistic is zero

Positive kurtosis - ANSWER Data clusters more in centre - narrow peak

Negative kurtosis - ANSWER Data clusters less in centre - wider peak

Covariance - ANSWER Measure of co-movement between variables

Positive covariance - ANSWER Two variables move in same direction

Negative covariance - ANSWER Two variables move in opposite direction

Correlation coefficient - ANSWER Measure of linear relationship between two
variables, co-variance scaled to equal a value between -1 and +1

Positive correlation coefficient - ANSWER Two variables move in same linear
direction

Negative correlation coefficient - ANSWER Two variables move in opposite linear
direction

Covariance is zero - ANSWER No relationship between variables

Population - ANSWER Whole collection of things under consideration

Sample - ANSWER Portion of the population selected for analysis

Parameter - ANSWER Summary measure that describes a characteristic of the
population

Statistic - ANSWER Summary measure computed that describes a characteristic of
the sample

Primary data - ANSWER Data gathered yourself

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