Nominal scale data - Study guides, Class notes & Summaries

ERM Exam 1 Grade A+ Questions & Answers 2024/2025 Ontology - ANSWERSBranch of philosophy dealing with the nature of reality What is existence? What is the nature of existence? Epistemology - ANSWERSPhilosophical study of the nature, origin, and limits of human knowledge,Branch of philosophy dealing with knowledge and it's justifications What do you know? How do you know it? Methodology - ANSWERSIdentification,study,and justification of research.The study of research methods. Nom...

Given the sample data set (113, 115, 117, 119, 127, 129), what's the standard deviation? correct answers 6.54 Why is business analytics a hard course to teach (Bell, 2013)? A. every business student has to take it B. there is too much info to teach it all C. technology is changing so rapidly, professors have to change their courses each year D. a lot of professors want to teach it E. so many students want to spend the entire class discussing current events in light of analytic develop...

BANA2081 Exam 1 with Complete Solutions Arthur Benjamin says that the current top of the pyramid of mathematics curriculum is statistics algebra calculus analytics - Answer-Calculus Arthur Benjamin says that the top of the pyramid of mathematics curriculum should be algebra calculus analytics statistics - Answer-Statistics The New York Times article provides information about Carrie Grimes who received a doctorate in statistics from Stanford. After graduation Ms. Grimes joined apple ...

Solution Manual For Essentials of Modern Business Statistics with Microsoft Excel 8th Edition, Anderson | All Chapters | Complete Latest Guide. Chapter 1 Data and Statistics Learning Objectives 1. Obtain an appreciation for the breadth of statistical applications in business and economics. 2. Understand the meaning of the terms elements, variables, and observations as they are used in statistics. 3. Obtain an understanding of the difference between categorical, quantitative, cross-section...

The main purpose of descriptive statistics is to Summarize data in a useful and informative manner Which word is NOT part of the definition of descriptive statistics? 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. c. Most students rated the instructor as poor or ave...

Straighterline Business Stats Final Exam Actual Real Questions & Answers | Updated > Already Passed The main purpose of descriptive statistics is to - ANSWER : Summarize data in a useful and informative manner Which word is NOT part of the definition of descriptive statistics? - 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 su...

BUS 310 Exam 1 questions and answers correct and verified 100%BUS 310 Exam 1 questions and answers correct and verified 100% Which of the following is an example of quantitative data? a. Your Social Security number b. The ZIP code of your home address c. Your gender d. Google's closing stock price today - correct answers-Google's closing stock price today The number of iPhones sold today at an Apple store is an example of - correct answers-ratio data SCENARIO 1-1 The manager of ...

Ho = The Null Hypothesis Accepted when no statistical difference was detected between treatment groups; p-value > 0.05 Ha = The Alternative Hypothesis Opposite of the null hypothesis; accepted when there is a statistical significance between the treatment and placebo groups; p-value <0.05 Independent Variables Variables set by the researcher; can be controlled Dependent Variables Variables that will DEPEND on the independent variables; can not be controlled ...

What are the 4 types of measurement scales? - Answer-1. Nominal Scales 2. Ordinal Scales (Assigned to a category) 3. Interval Scales (Relative ranking) 4. Ratio Scales (Equal differences between scale values) NOIR When do we use geometric and arithmetic means to analyze investment returns? - Answer-Arithmetic Mean: To estimate next year's return Geometric Mean: Measure of past performance What are the 3 different types of probabilities? - Answer-1. Empirical Probability (Past data) ...

MLSC 2030 Final Exam Questions & Answers 2024/2025 Define independent and dependent variables: - ANSWERS-Independent: (cause) a variable (often denoted by x) whose variation does not depend on that of another, and is changed--> explanatory -Dependent: (effect) a variable (often denoted by y) whose value depends on that of the independent Define nominal, ordinal, interval and ratio measurements: - ANSWERS-Nominal: (most basic) think "does it work with colors" categorical/qualitativ...