isds test questions with complete
solutions 2024/2025
What is the percentage of people who live below the poverty level in the west or midwest? -
ANSWERS41.87
Approximate the percentage of houses that sold for more than $500,000 - ANSWERS60
The sample data below shows the number of hours spent by 5 students over the weekend to prepare for
Mondays Business Stats Test
3 12 2 3 5
The 75th percentile of the data is closest to_________ - ANSWERS8.5
Bias can occur in sampling. Bais refers____________ - ANSWERSthe tendency of a sample statistic to
systematically over or underestimate a population parameter.
A Type 1 error occurs when we_________ - ANSWERSreject a true null hypothesis
What is the purpose of calculating a confidence interval? - ANSWERSTo provide a range of values that,
with a certain measure of confidence, contains the population parameter of interest.
Fishers LSD method is appleid when______ - ANSWERSANOVA test has rejected the null hypothesis of
equal population means
Tukey's honestly significant differences (HSD) method ensures tah the probability of a type 1 error
remains fixed irrespective of the number of______ - ANSWERSPairwise comparisons
The benefits of buying summaries with Stuvia:
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
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
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 Bensuda. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $7.99. You're not tied to anything after your purchase.