ASU ECN 221 EXAM 1 STUDY GUIDE QUESTIONS WITH COMPLETE ANSWERS ECN 211 EXAM 1 REVIEW ASU QUESTIONS WITH COMPLETE ANSWERS ECN 221 ASU EXAM 1 QUESTIONS WITH COMPLETE ANSWERS ECN 221 EXAM 1 QUESTIONS WITH COMPLETE ANSWERS
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nominal data - CORRECT ANSWER names indicating characteristic ex: NYSE, NASDAQ ordinal data - CORRECT ANSWER can be ordered/ranked ex: gold, silver, bronze interval data - CORRECT ANSWER quantitative AND can be ranked BUT is a fixed unit of measurement ex: SAT score...
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Add to cartnominal data - CORRECT ANSWER names indicating characteristic ex: NYSE, NASDAQ ordinal data - CORRECT ANSWER can be ordered/ranked ex: gold, silver, bronze interval data - CORRECT ANSWER quantitative AND can be ranked BUT is a fixed unit of measurement ex: SAT score...
which of the following is a measure of dispersion? - CORRECT ANSWER interquartile range the sum of deviations of the individual data elements from their mean is_____. - CORRECT ANSWER always equal to zero the value of the sum of the squared deviations form the mean, i.e., sum...
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Add to cartwhich of the following is a measure of dispersion? - CORRECT ANSWER interquartile range the sum of deviations of the individual data elements from their mean is_____. - CORRECT ANSWER always equal to zero the value of the sum of the squared deviations form the mean, i.e., sum...
Ten Principes - CORRECT ANSWER Principle 1: People face tradeoffs Principle 2: The cost of something what you give up getting it Principle 3: Rational people think at the margin Principle 4: People respond to incentives Principle 5: Trade can make everyone better off Principle 6: Markets...
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Add to cartTen Principes - CORRECT ANSWER Principle 1: People face tradeoffs Principle 2: The cost of something what you give up getting it Principle 3: Rational people think at the margin Principle 4: People respond to incentives Principle 5: Trade can make everyone better off Principle 6: Markets...
Covariance: If x and y consistently vary in the same direction, the numerator will be - CORRECT ANSWER positive Deductive Reasoning - CORRECT ANSWER process of drawing a conclusion from a principle already known or assumed (The sun rises every morning; therefore, the sun will rise...
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Add to cartCovariance: If x and y consistently vary in the same direction, the numerator will be - CORRECT ANSWER positive Deductive Reasoning - CORRECT ANSWER process of drawing a conclusion from a principle already known or assumed (The sun rises every morning; therefore, the sun will rise...
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