100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
Business Analytics University of Iowa Question and answers verified to pass 2024 $13.49   Add to cart
Quickly navigate to
Preview
  2.  
  3. Lowa
  4.  
  5. Lowa

Exam (elaborations)

Business Analytics University of Iowa Question and answers verified to pass 2024
 6 views  0 purchase
  • Course
  • Lowa
  • Institution
  • Lowa

Business Analytics University of Iowa Question and answers verified to pass 2024 Data - correct answer the facts and figures collected, analyzed and summarized for presentation and interpretation Observation - correct answer A set of values corresponding to a set of variables Variable - c...

[Show more]

Preview 2 out of 13  pages

Document information

  • August 30, 2024
  • 13
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • business analytics university of iowa
  • business analytics university of iowa question and

Written for

  • Lowa
  • Lowa

Seller

avatar-seller
Academia199

Reviews received

Content preview

Business Analytics University of Iowa
Data - correct answer ✔the facts and figures collected, analyzed and
summarized for presentation and interpretation


Observation - correct answer ✔A set of values corresponding to a set of
variables


Variable - correct answer ✔A characteristic or a quantity of interest that can
take on different values


Variation - correct answer ✔A difference in how a variable is measured over
time


Random/Uncertain Variable - correct answer ✔A quantity whose values are
not known with certainty


Population - correct answer ✔The set of all elements of interest in a
particular study


Sample - correct answer ✔A subset of the population


Random Sampling - correct answer ✔Collecting a sample that (1) each
element selected comes from the same population and (2) each element is
selected independently


Quantitative Data - correct answer ✔If numeric and arithmetic operations can
be performed on them

, Categorical Data - correct answer ✔If arithmetic operations cannot be
performed on the data


Cross-Sectional Data - correct answer ✔Collected from several entities at
the same time


Time Series Data - correct answer ✔Collected over several time periods


Experimental Study - correct answer ✔A variable of interest is first identified.
Then one or more variables are identified and controlled or manipulated to
obtain data about how these variables influence the variable of interest


Observational Study - correct answer ✔Make no attempt to control the
variables of interest (i.e. a survey)


Frequency Distribution - correct answer ✔Summary of data that shoes the
number(frequency) of observations in each of several non overlapping
classes, called bins


Often concerned with the relative frequency- the percentage of items in each
bin


Relative Frequency of a Bin - correct answer ✔Frequency of the bin/n


Percent Frequency - correct answer ✔Summarizes the percent frequency of
the data for each bin


>>use 5-20 bins
>>Bin width (Largest data value-Smallest Data Value)/ # of bins

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 Academia199. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $13.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

67096 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

Recently viewed by you

Exam (elaborations) ·

(0)

Medca EKG Practice QUESTIONS, ANSWERS & RATIONALES 2024/2025
$13.49
  • (0)
  Add to cart