QMB 3200 EXAM QUESTIONS AND ANSWERS (GRADED A)QMB 3200 EXAM QUESTIONS AND ANSWERS (GRADED A)QMB 3200 EXAM QUESTIONS AND ANSWERS (GRADED A)QMB 3200 EXAM QUESTIONS AND ANSWERS (GRADED A)Data - ANSWER-facts and figures collected, analyzed, or summarized
Dataset - ANSWER-all the data collected in an...
Z-score - ANSWER-measures relative location of values in dataset
Chebyshevs Theorem - ANSWER-A theorem that can be used to make statements
about the proportion of data values that must be within a specified number of standard
deviations of the mean.
Probability - ANSWER-a numerical measure of the likelihood that an event will occur
Frequency Distribution - ANSWER-tabular summary of data showing the number of
observations in each of several non overlapping categories
Percent Frequency - ANSWER-relative frequency * 100
Relative Frequency - ANSWER-(frequency of class)/(n)
cumulative relative frequency - ANSWER-shows the proportion of items with values less
than or equal to the upper limit of each class
cumulative percentage - ANSWER-shows the percent of data with values less than or
equal to the upper limit
Crosstabulation - ANSWER-a tabular summary of data for two variables
Mean - ANSWER-average
=average(B:B)
Median - ANSWER-middle value
=median(B:B)
Mode - ANSWER-value with greatest frequency
=mode.sngl(B:B:)
Weighted Mean - ANSWER-used when observations have different weights
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