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What level of measurement is temperature measured on the Fahrenheit scale? correct answers Interval What level of measurement is an automobile license plate number? correct answers Nominal What level of measurement is income earned this week at your job? correct answers Ratio What level of ...

data warehouses correct answers vast digital repositories where data are recorded and stored electronically Big Data correct answers data sets so large that traditional methods of storage and analysis are inadequate transactional data correct answers data collected for recording the company...

A ________ is a measure of the chance that an uncertain event will occur. correct answers probability The ________ of two events X and Y is another event that consists of the sample space outcomes belonging to either event X or event Y or both events X and Y. correct answers union P(AUB) = P(A...

Parts of a good graph correct answers title x and y axis scale key data values Summarizing Qualitative (categorical) Data correct answers tables: frequency relative frequency percent frequency contingency graph: bar chart pie chart Summarizing Quantitative Data correct answers h...

In __ we select elements because they are easy to sample. correct answers convenience sampling __ sampling is where we know the chance that each element will be included in the sample, which allows us to statistical inferences about the sample population correct answers probability Which of th...

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 rapidl...

DEF: Information that can be expressed in statistical or numerical form correct answers Quantitative Data How do we describe categorical variables? correct answers Counting T/F: We do not perform arithmetic operations on the values of categorical variables. correct answers True What are som...

To determine a Probability, we collect ____ from an Experiment to study the effects of a change. correct answers Data DEF: A scientific process in order to make a discovery, test a hypothesis, or investigate a known fact from historical data; Process that results in an outcome correct answers Exp...