Exam (elaborations)
QMB 3200 Exam 1 (1)
- Institution
- Exam 1 Qmb 3200 - Gary Bliss/ Ansel Diama
Exam of 4 pages for the course exam 1 qmb 3200 - Gary Bliss/ Ansel Diama at exam 1 qmb 3200 - Gary Bliss/ Ansel Diama (QMB 3200 Exam 1 (1))
[Show more]
Seller
Follow
Content preview
QMB 3200 Exam 1Frequency Distribution - ANS-=COUNTIF
Reative Frequency - ANS-= Frequency Distribution / Total
Cumulative Frequency - ANS-Add up the relative frequency from low to high. Should
add add up to 100%
Create Histogram - ANS-Highlight Data > Insert > Charts
Method to determine # of classes in a frequency distribution - ANS-2^k > n
k = number of classes
n = number of data points
Estimated Class Width - ANS-= ( Maximum Data Value - Minimum Data Value) / k
Find frequencies with class widths - ANS-Highlight data > insert > pivot table
1) Move to rows and values,
2) Right click on pivot table
3) Click group and change to size of class width
How to create a Pareto Chart with Ogive - ANS-Highlight y axis column, relative, and
cumulative data (skip frequency) > Insert > chart > cluster column chart > right click
change chart type> series 2: change to line chart
Ogive - ANS-cumulative relative frequency as a line on Pareto chart
Calculate Weighted Mean - ANS-= multiple the values by there frequencies. Add them
all up to get a weighted total.
weighted mean = weighted total / actual total
Calculate Mean - ANS-=AVERAGE
Calculate Median - ANS-=MEDIAN
Calculate Mode - ANS-=MODE
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller denicetho. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £7.16. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
79223 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy revision notes and other study material for 14 years now