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COB 191 final UPDATED Exam Questions and CORRECT Answers

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COB 191 final UPDATED Exam Questions and CORRECT Answers qualitative data - CORRECT ANSWER- descriptive terms quantitative data - CORRECT ANSWER- described by numeric values qualitative data classifications - CORRECT ANSWER- nominal and ordinal quantitative data classifications - CORRECT ANSW...

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  • September 12, 2024
  • 11
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • COB 191
  • COB 191
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MGRADES
COB 191 final UPDATED Exam Questions
and CORRECT Answers
qualitative data - CORRECT ANSWER- ✔✔descriptive terms



quantitative data - CORRECT ANSWER- ✔✔described by numeric values



qualitative data classifications - CORRECT ANSWER- ✔✔nominal and ordinal



quantitative data classifications - CORRECT ANSWER- ✔✔interval and ratio



nominal - CORRECT ANSWER- ✔✔classifies data into distinct basic levels with no ranking
implied


ordinal - CORRECT ANSWER- ✔✔classifies data into distinct basic levels where ranking is
implied


interval - CORRECT ANSWER- ✔✔data can be meaningfully measured but has no true zero
point


ratio - CORRECT ANSWER- ✔✔data can be meaningfully measured and has a true zero
point


primary data - CORRECT ANSWER- ✔✔collected by you directly



secondary data - CORRECT ANSWER- ✔✔collected and published by someone else



discrete data - CORRECT ANSWER- ✔✔finite number range or countable number



examples of discrete data - CORRECT ANSWER- ✔✔money, number of children in a house,
temperature

, continuous data - CORRECT ANSWER- ✔✔infinite number, obtained by measuring, many
decimal points


examples of continuous data - CORRECT ANSWER- ✔✔weight, height



descriptive statistics - CORRECT ANSWER- ✔✔collecting, summarizing, and displaying
data; factual representation of sample information


inferential statistics - CORRECT ANSWER- ✔✔making claims or conclusions about the
population based on sample results


simple random sampling - CORRECT ANSWER- ✔✔every member of the population has an
equal chance of being chosen


systematic sampling - CORRECT ANSWER- ✔✔take every kth member as part of the
sample, where k=N/n


stratified random sampling - CORRECT ANSWER- ✔✔population is divided into strata and
participants randomly selected from each stratum (subset of the population that shares a
particular meaningful characteristic)


cluster sampling - CORRECT ANSWER- ✔✔clusters are based on naturally occurring
groups (like patients in a hospital) and participants are selected from those groups


convenience sampling - CORRECT ANSWER- ✔✔used whenever participants are readily
available


measurement error - CORRECT ANSWER- ✔✔people provide incorrect data in survey



coverage error - CORRECT ANSWER- ✔✔occurs when the sampling frame excludes some
segments of the target population

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