100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
WPC 300 Quiz Questions with All Correct Answers $12.49   Add to cart

Exam (elaborations)

WPC 300 Quiz Questions with All Correct Answers

 4 views  0 purchase
  • Course
  • WPC 300
  • Institution
  • WPC 300

WPC 300 Quiz Questions with All Correct Answers Which of the following is a continuous random variable? - Answer- The time to complete a specific task The central limit theorem states that if the population is normally distributed, then the - Answer- Sampling distribution of the mean will al...

[Show more]

Preview 1 out of 4  pages

  • October 21, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • WPC 300
  • WPC 300
avatar-seller
Scholarsstudyguide
WPC 300 Quiz Questions with All
Correct Answers
Which of the following is a continuous random variable? - Answer- The time to complete
a specific task

The central limit theorem states that if the population is normally distributed, then the -
Answer- Sampling distribution of the mean will also be normal for any sample size

The WPC Sports Company has noted that the size of individual "customer order" is
normally distributed with a mean of $100 and standard deviation of $12. If a soccer
team of 16 players were to make the next batch of orders, what would be the standard
error of the mean? - Answer- 3.00 (12 (st dev) divided by 4 (sqrt of sample size)

Which of the following proposition describes an existing theory or belief? - Answer- Null
hypothesis

In order to reject the null hypothesis, the p-value must be less than the - Answer- Alpha

When sample size increases - Answer- Confidence interval decreases

You are collecting data via an online survey to improve education standard at ASU.
Which of the following methods will not result in data collection bias? - Answer-
Anonymously data collection by hiding ASU brand in the survey question.

Which is true among the following statements on visualization? - Answer- Visual data
enables the reader to see trends and dependencies.

Which of the following is true about interpretation? - Answer- None of the answers:

Interpretation only needs to be done when we have finished all our analytics tasks.

We only need to interpret our finding from a regression analysis.

We don't need to revisit our original question once we have performed an interpretation.

Which of the following statement is false with regard to interpretation? - Answer- We
cannot refine a model after interpreting its results.

William Playfair is credited for inventing which type of chart? - Answer- pie chart

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Scholarsstudyguide. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $12.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

77254 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$12.49
  • (0)
  Add to cart