Business Statistics Peregrine Exam Review Questions With Verified Solutions

Business Statistics Peregrine Exam Review Questions With Verified Solutions To summarize qualitative variables, you would use a - answerFrequency Table T/F Standard Deviation is a measure of central tendency in a set of data? - answerFalse The most useful measure of dispersion in a set of data is the - answerStandard Deviaton A statement about a population parameter that is subject to verification is a/an - answerhypothesis The p-value in hypothesis testing is - answerThe probability of the sample results if the null hypothesis is true When testing for a population mean, one would use a student's t distribution if - answerthe significance level is less than 0.05 the sample size is > 30 Failing to reject the null hypothesis gives - answerThe strongest possible evidence the null hypothesis is true When using inferential statistics, it i