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UCF QMB3200 EXAM QUESTIONS WITH CORRECT ANSWERS ALL VERIFIED BY AN EXPERT A+ GRADED (LATEST UPDATE) $12.49
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Exam (elaborations)

UCF QMB3200 EXAM QUESTIONS WITH CORRECT ANSWERS ALL VERIFIED BY AN EXPERT A+ GRADED (LATEST UPDATE)

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  • Course
  • UCF QMB 3200
  • Institution
  • UCF QMB 3200

Data - ANS facts and figures collected, analyzed, or summarized Dataset - ANS all the data collected in an analysis Element - ANS the entity on which data is collected Variable - ANS characteristic of interest of an element Observation - ANS all variables associated Ca...

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  • November 21, 2024
  • 6
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • UCF QMB 3200
  • UCF QMB 3200
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K
C
LO
YC

UCF QMB3200 EXAM
D


QUESTIONS WITH CORRECT
U



ANSWERS ALL VERIFIED BY
ST




AN EXPERT A+ GRADED
(LATEST UPDATE)

, Data - ANS facts and figures collected, analyzed, or summarized

Dataset - ANS all the data collected in an analysis

Element - ANS the entity on which data is collected

Variable - ANS characteristic of interest of an element




K
Observation - ANS all variables associated




C
Categorical - ANS numeric or ordinal values of measurement

Quantitative - ANS uses numeric measures




LO
Cross Sectional - ANS data collected at a similar point in time

Time Series - ANS data collected over a series of time periods
YC
Panel - ANS combination of cross sectional and time series data

Descriptive Staistics - ANS describes the data or variables

Population - ANS set of all data/variables n statistical analysis
D

Sample - ANS subset of the population

Statistical inference - ANS uses data from a sample to make estimates and test hypothesis
U


about the characteristics of a population

Descriptive Analytics - ANS describes what has happened in the past
ST




Predictive Analytics - ANS statistical models from he pas to predict the future or access the
impact of one variable on another

Prescriptive Analytics - ANS uses models seeking to find an optimal solution (type of
optimization model)

Volume - ANS number of observations

Velocity - ANS speed data is collected

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