Nominal data Study guides, Class notes & Summaries

The main purpose of descriptive statistics is to correct answer: Summarize data in a useful and informative manner Which word is NOT part of the definition of descriptive statistics? correct answer: Predicting 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. correct answer: c. Most stud...

RSC2601 – Research in Social Sciences 1 RSC2601 - Research in the Social Sciences EXAM PREPARATION This document is a compilation of past UNISA exam Questions and Answers, Assignment Questions and Answers, as well as Test Yourself Questions and Answers from Studyguide. Answers are motivated by a combination of: • Page references to the UNISA Study Guide: • Short summaries regarding the relevant topic(s) in question. Past exams covered are: • May/Jun 2011 • Oct/Nov...

Test Bank for Principles of Economics Arab World, 4th Edition by Gregory Mankiw, Mohamed H. Rashwan Full Chapters test bank included Part 1: Introduction Chapter 1: Ten Principles of Economics How People Make Decisions How People Interact How the Economy Works as a Whole Conclusion Chapter 2: Thinking Like an Economist The Economist as Scientist The Economist as Policy Adviser Why Economists Disagree Let's Get Going Appendix: Graphing: A Brief Review Chapter 3: Interdependence...

Why do compensation professionals collect & use data? (A) To support personal agendas (B) To respond to stock price volatility (C) To improve changes of making sound decisions (D) To replace the need for modeling - Answer- (C) To improve changes of making sound decisions A true, absolute zero exists for which level of measurement? (A) Nominal (B) Ordinal (C) Interval (D) Ratio - Answer- (D) Ratio Salary is an example of which level of measurement? (A) Nominal (B) Ordinal (...

ECS2603 Assignment 4 Semester 2 2023 (Solutions/answers) questions: Question 1 Answer saved Marked out of 3.00 Flag question Question text Which of the following statements with regards to inflation are correct? Inflation is defined as a sustained increase in the general price level. This implies that for inflation to occur, it is sufficient for only the price of oil to increase. Inflation is a sustained increase in the general price level. This means that there is an overall increa...

MAT 150 Final Exam Questions and Answers 2023/2024 - Straighterline. Anais is organizing her rock collection and places each rock in one of three categories: small, medium, or large. This illustrates what level of measurement? Select one: a. nominal b. ordinal c. interval d. ratio Question 2 Incorrect 0.00 points out of 8.33 Flag question Question text Which of the following is an example of a nominal variable? Select one: a. age b. gender c. height d. IQ Question 3 Correct ...

WGU C207 DATA DRIVEN DECISION MAKING FINAL EXAM LATEST 2023-2024 EXAM WITH 300 REAL EXAM QUESTIONS AND CORRECT ANSWERS(VERIFIED ANSWERS)AGRADE What are two reasons for the increasing use of analytics in organizational decisionmaking?Choose 2 answers. Relatively lower cost of computer storage Lower availability of statistical experts Higher cost of obtaining data Higher computer processing power - ANSWER- Relatively lower cost of computer storage Higher computer processing power H...

Process of Statistics correct answer: 1. ID the research objective 2. Collect data with a purpose, good data 3. describe the data 4. make an Inference population correct answer: all subjects of the data sample correct answer: subset of the data statistics correct answer: 1. science of collecting, organizing, summarizin and analyzing information to draw conclusions or answer a question statistic correct answer: thing, numerical study of a sample papameter correct answer: ...

BICSI Installer 1 Study Guide with Complete Solutions 25-pair color code - Correct Answer White - Blue, orange, green, brown, slate Red - Blue, orange, green, brown, slate Black - Blue, orange, green, brown, slate Yellow - Blue, orange, green, brown, slate Violet - Blue, orange, green, brown, slate Fiber color code - Correct Answer Blue, Orange, Green, Brown, Slate, White, Red, Black, Yellow, Violet, Rose, Aqua NVP - Correct Answer Nominal Velocity of Propagation Insertion loss - C...

WGU C207 OA Questions and Answers 100% Pass Simple indexing Common analytic measure to improve performance. Compares current data with data during a base period. (Price / Price during "Base Period") x 100 i.e. Big Mac was 1.60 in 1968 which is base period. what is index for 2014 if price was 4.80 then? (4.80 / 1.60) * 100 = 300 (means price is 3x greater than base period) Used to identify price fluctuations of supplies, materials, products, etc. Weighted Index assign a weight to allow for...