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QMB 3200 MIDTERM EXAM QUESTIONS AND ANSWERS 100% CORRECT $11.49   Add to cart

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QMB 3200 MIDTERM EXAM QUESTIONS AND ANSWERS 100% CORRECT

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  • QMB 3200

QMB 3200 MIDTERM EXAM QUESTIONS AND ANSWERS 100% CORRECTQMB 3200 MIDTERM EXAM QUESTIONS AND ANSWERS 100% CORRECTQMB 3200 MIDTERM EXAM QUESTIONS AND ANSWERS 100% CORRECTQMB 3200 MIDTERM EXAM QUESTIONS AND ANSWERS 100% CORRECT data - ANSWER-Facts, figures, and other evidence gathered through observa...

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  • November 5, 2024
  • 2
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • QMB 3200
  • QMB 3200
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NursingTutor1
QMB 3200 MIDTERM EXAM QUESTIONS
AND ANSWERS 100% CORRECT
data - ANSWER-Facts, figures, and other evidence gathered through observations.

Dataset - ANSWER-the complete set of raw data, for all observational units and
variables, in a survey or experiment

Element - ANSWER-the entity on which data is collected

variable - ANSWER-a characteristic of interest for the elements

observation - ANSWER-variables associated with the element

cross-sectional - ANSWER-data collected at one point in time

time series - ANSWER-data collected over time

panel - ANSWER-both cross-sectional and time series

data mining - ANSWER-make predictions from big data

frequency distribution - ANSWER-A summary chart, showing how frequently each of the
various scores in a set of data occurs

statistical analysis - ANSWER-a research method that entails analyzing data that have
already been collected to determine the strength of the relationship that may exist
between two or more variables

Descriptive Analytics - ANSWER-describes what has happened

Predictive Analytics - ANSWER-uses statistical model to predict the future

descriptive statistics - ANSWER-describes data

Population - ANSWER-the set of all elements of interest in a particular study

sample - ANSWER-a subset of the population

statistical inference - ANSWER-The process of using data obtained from a sample to
make estimates or test hypotheses about the characteristics of a population.

Prescriptive Analytics - ANSWER-uses data to find optimal solution

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