____________ is the likelihood than an outcome occurs. - ANSWERSProbability
The ______ of two events contains all outcomes that belong to either of the two events. - ANSWERSunion
_______________ is the probability of occurrence of one event 'A' given that another event 'B' is known to be true...
____________ is the likelihood than an outcome occurs. - ANSWERSProbability
The ______ of two events contains all outcomes that belong to either of the two events. -
ANSWERSunion
_______________ is the probability of occurrence of one event 'A' given that another event 'B' is known
to be true or has already occurred. - ANSWERSConditional probability
A __________ is the characterization of the possible values that a random variable may assume along
with the probability of assuming these values. - ANSWERSProbability distribution
A __________ is numerical description of the outcome of an experiment. - ANSWERSrandom variable
The expected value of a random variable corresponds to the notion of the for a sample. -
ANSWERSMean, or average.
The __________ is a continuous distribution that is described by the familiar bell-shaped curve and is
perhaps the most important distribution used in statistics. - ANSWERSnormal distribution
In Normal. Distributions, Mean = Median = Mode. T/F - ANSWERSTrue
Excel's trend line feature can be used in modeling trends which include ___________. - ANSWERStime
variables.
A good regression model has the fewest number of explanatory variables providing an adequate
interpretation of the __________ variable. - ANSWERSdependent
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