Standard deviation rule - Study guides, Class notes & Summaries
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Straighterline Business Stats Questions and Answers 100% Pass
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Straighterline Business Stats Questions 
 
and Answers 100% Pass 
 
A marketing class of 50 students evaluated the instructor using the following scale: superior, 
good, average, poor, and inferior. The descriptive summary showed the following survey results: 
2% superior, 8% good, 45% average, 45% poor, and 0% inferior. Most students rated the 
instructor as poor or average. 
 
The general process of gathering, organizing, summarizing, analyzing, and interpreting data is 
called ____________. S...
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WGU C955 Formulas and Terms (Latest 2023/ 2024 Update) Applied Probability and Statistics | Questions and Verified Answers| 100% Correct
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WGU C955 Formulas and Terms (Latest 2023/ 2024 Update) Applied Probability and Statistics | Questions and Verified Answers| 100% Correct 
 
Q: Simpsons Paradox 
 A counterintuitive situation that occurs when a result that appears in individual groups of data disappears or reverses when the groups are combined. 
Can only occur when the sizes of the groups are inconsistent 
 
 
Q: Lurking Variables : 
 
Answer: 
 • A lurking variable is a variable not included in the study, but affects the varia...
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CAPM Test Bank with 100% Correct Solutions |Latest 2024/2025
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CAPM Test Bank with 100% Correct 
Solutions. 
5 process groups ️ Initiating 
Planning 
Executing 
Monitoring and Controlling 
Closing 
Ten knowledge areas ️ Integration 
Scope 
Time 
Cost 
Quality 
HR 
Communications 
Risk 
Procurement 
Stakeholder management 
total float formula ️ total float = late finish - early finish 
normal distribution ️ bell curve - symmetrical distribution - 50% chance 
of falling below the mean and 50% chance of falling above the mean 
(1sigma=68.27%. 2sigma = ...
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QMB 3200 Test 1 Questions and Answers Already Passed
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QMB 3200 Test 1 Questions and 
Answers Already Passed 
 
What is the z score formula? (the observation - mean) / standard deviation 
 
What does a z score tell us? how many standard deviations a value of from the mean 
 
How do you find the range? biggest value minus smallest value 
 
What is the formula used in excel to find the range? =max(array) - min (array) 
 
If a data set has an odd number of observations, the median 
 
a. Cannot be determined 
b. is the value of the middle item when all ...
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CMT level 3 Exam Questions With Correct Answers
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A strong open followed by strong close will allow trader to do what? - Answer Buy on a pullback after next open. 
 
A weak close after strong open will allow trader to do what? - Answer Sell short near following open 
 
Highs and lows occur where during the day? - Answer Most often at the open 
 
Large opening gaps imply what about the day? - Answer Greater volatility 
 
Pivot point calculation - Answer P = (H+L+C)/3 
R1 = 2P-L 
S1 = 2P-H 
R2 = (P-S1)+R1 
S2 = P-(R1-S1) 
 
Weaknesses of Candlest...
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Math 202 : Probability and Statistics Final Test Prep, Probability and Statistics Final Test Prep | Questions and Correct Answers | Latest Update 2024/2025 | 100% Pass
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Math 202 : Probability and 
Statistics Final Test Prep, 
Probability and Statistics Final 
Test Prep | Questions and 
Correct Answers | Latest 
Update 2024/2025 | 100% Pass 
Statistical Significance 
When your discovered p-value is less than your alpha (.05 if not given). 
States that chance alone would rarely produce an equally extreme 
result. 
Non-Response Bias 
A bias caused by a number of people who did not respond to the 
survey. 
p-ValueThe probability of getting a result at least as extr...
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Straighterline MAT150 Business Statistics Graded Exam 3 (New Version August 2024) Graded 100%
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Straighterline MAT150 Business Statistics Graded Exam 3 (New Version August 2024) Graded 100% 
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Question 1 
Co...
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Probability & Statistics for Engineers & Scientists, Ronald E. Walpole, Raymond H. Ninth Edition, Ronald E. Walpole, Raymond H. Myer. 2024 LATEST UPDATE.
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99.7 Rule Rule, or Empirical Rule [1] 
In statistics, the 68-95-99.7 rule or three-sigma rule, or empirical rule — states that for a normal distribution, nearly all values lie within 3 standard deviations of the mean. 
This rule is often used to quickly get a rough probability estimate of something, given its standard deviation, if the population is assumed normal, thus also as a simple test for outliers (if the population is assumed normal), and as a normality test (if the population is...
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WGU C722 FINAL EXAM!! Q&A – PROJECT MANAGEMENT (Guaranteed Score A+)
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WGU C722 FINAL EXAM!! Q&A – PROJECT MANAGEMENT (Guaranteed Score A+) 
 
Three essential drivers that must be achieved to generate positive characteristics in project teams *** Cohesiveness, Trust, Motivation 
 
The five stages Dr. Bruce Tuckman (1965) introduced of group development *** Forming, Storming, Norming, Performing, Adjorning 
 
Forming *** In this stage, team members may be meeting for the first time. Often, no one really knows much about anyone else on the team. It may be prematur...
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WGU C207 OA 2023
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WGU C207 OA 2023. By quantifying risk - Answer In what way does probability theory inform decision-making 
for managers? 
Ordinal data - Answer Which type of data are the Olympic medals of gold, silver, and 
bronze examples of? 
It reduces the amount of incomplete data. 
It cleans data. - Answer What are some of the aspects of data quality management? 
Choose 2 answers 
Missing data 
Misspelled data - Answer Which two attributes indicate potential data quality issues 
when evaluating a set of no...
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