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isds test questions with complete solutions 2024/2025
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isds test questions with complete solutions 2024/2025
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isds test questions with completesolutions 2024/2025
What is the percentage of people who live below the poverty level in the west or midwest? -
ANSWERS41.87
Approximate the percentage of houses that sold for more than $500,000 - ANSWERS60
The sample data below shows the number of hours spent by 5 students over the weekend to prepare for
Mondays Business Stats Test
3 12 2 3 5
The 75th percentile of the data is closest to_________ - ANSWERS8.5
Bias can occur in sampling. Bais refers____________ - ANSWERSthe tendency of a sample statistic to
systematically over or underestimate a population parameter.
A Type 1 error occurs when we_________ - ANSWERSreject a true null hypothesis
What is the purpose of calculating a confidence interval? - ANSWERSTo provide a range of values that,
with a certain measure of confidence, contains the population parameter of interest.
Fishers LSD method is appleid when______ - ANSWERSANOVA test has rejected the null hypothesis of
equal population means
Tukey's honestly significant differences (HSD) method ensures tah the probability of a type 1 error
remains fixed irrespective of the number of______ - ANSWERSPairwise comparisons
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