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BUS6225 Business Statistics; latest exam questions with 100% correct answers graded A+
This post covers BUS6225 EXAM 1 BUSINESS STATISTICS REVIEW PRACTICE QUESTIONS with 100% correct answers
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EXAM 1 BUSINESS STATISTICSREVIEW PRACTICE QUESTIONS
Science of collecting, organizing, presenting analyzing and interpreting numerical data
to assist in making more effective decision - Statistic
what type of measurement has no natural 0 - interval
data arranged in some order but the differences between data values cannot be
determined - ordinal
meaningful amounts of differences between data values can be determined - interval
measurement
Measurement has categories and cannot be arranged in a particular order - nominal
Make of cars - nominal
temperature - interval
distance to class - ratio
interval level with 0 starting point - ration
jersey # - nominal
m&m colors - nominal
type of statistic that has exact # and info - descriptive
team standings - ordinal
how do you determine the mean? - add all data and divide by the # of data give
dress size - interval
mode - most often value
# of patients seen - ration
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