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BUS310 Quiz 1 Questions And Answers Latest Update $14.49   Add to cart

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BUS310 Quiz 1 Questions And Answers Latest Update

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BUS310 Quiz 1 Questions And Answers Latest Update

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  • October 31, 2024
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  • 2024/2025
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BUS310 Quiz 1 Questions And Answers Latest
Update

Population ANS✔✔ all items of interest



Sample ANS✔✔ a portion of the population (Test them in order to derive
solutions about the whole population)



Parameter ANS✔✔ summary measure about a Population



Statistic ANS✔✔ summary measure about a sample



Continuous variables ANS✔✔ (there is a metric associated with it) : you use
population mean

- Age, weight



Average/ mean ANS✔✔ sum up all values and divide by population size



Standard deviation ANS✔✔ calculate mean, and then take each student's
age - mean, square it, and sum it up.



Variance ANS✔✔ standard deviation squared



Sample size ANS✔✔ number of items in each sample

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