Nominal variable - Study guides, Class notes & Summaries

CHAPTER 3 Mortgage Loan Foundations: The Time Value of Money TRUE/FALSE 1. In order to solve a compounding problem, you must know all four of the variables in order to solve for the fifth variable. (T) 2. One way to calculate the present value of a single payment is with the following formula: PV = FV * (1+i)n. (F) 3. At 6%, the present value of a $1 payment in 12 months is .. At 7%, the present value of a $1 payment in 12 months is .. (F) 4. The future value of $800 deposited ...

IOP2601_ASSIGNMENT 4_ SEMESTER 2_2024 (a) The selected group of 250 postgraduate students is your sample. (b) The dependent variable in the study is commitment. (c) This type of research would be classified as inferential statistics. (d) In the given hypothesis, the independent variable is work engagement. (e) Nominal variables indicate differences between categories of objects, persons, or characteristics. (f) The scale of measurement that uses numbers as labels distinguishing categorie...

Solution Manual for Statistics for Nursing Research A Workbook for Evidence-Based Practice, 3rd Edition, Susan Grove, Daisha Cipher Answer Guidelines for Questions to Be Graded Identifying Levels of EXERCISE Measurement: Nominal, 1 Ordinal, Interval, and Ratio The questions are in bold followed by answers. 1. In Table 1 , identify the level of measurement for the current therapy variable. Provide a rationale for your answer. Answer: The current therapy variable was measured at the nominal level....

Descriptive Statistics correct answers describe the properties of samples (or populations when they are completely known) Inferential Statistics correct answers draw conclusions/make inferences about the properties of populations from sample data variable correct answers -something that varies -condition or characteristic that can have different values nominal variable correct answers categorical -classifies/identifies objects Q: which restaurants do you prefer? DICHOTOMOUS: 2 level...

Analytics is a broad term that refers to a variety of tools that inform managerial decisions.Which term can be used to describe managerial decisions? CORRECT ANSWERS: Prescriptive What are two reasons for the increasing use of analytics in organizational decision-making? CORRECT ANSWERS: Relatively lower cost of computer storage; Higher computer processing power How does probability theory inform decision-making for managers? CORRECT ANSWERS: By quantifying risk Which type of data ar...

what is the reality demon correct answers models about reality or mechanisms - mechanical - computational - mathematical what is the causality demon correct answers simplified models about reality - variables and their causal links causal models claim to be models about something that happens in reality - divides the world into variables - relationship between the variables -> the modification in one variable will cause a change in another variable what is the probabilit...

Chapter 3 - Correct Answer-DESCRIPTIVE STATISTICS, PROBABILITY, AND MEASURE OF CENTRAL TENDENCY descriptive Statistics - Correct Answer-computed to reveal characteristics of the sample and to describe study variable How to describe a sample - Correct Answer-create a frequency distribution of the variable or variable being studied - is a plot of one variable, whereby the x-axis consists of possible values of that variable , and the y - axis is tally of each value Inferential Statistics...

A commercial shipping company operates a large fleet of trucks. The company needs to collect data on vehicle usage including acceleration, braking, and vehicle maintenance such as fluid levels. The datasourcing method needed to collect the data for this scenerio is sensor The dollar amount on an accounts receivable invoice. quantitative The net profit for a company in 2017. quantitative The stock exchange on which a company's stock is traded. qualitative The national debt of...

COMM 305 Midterm Exam | Questions with Complete Solutions Methodology differs from epistemology in that methodology is: a. the science of knowing. b. the science of finding out. c. the discovery of reality through agreement. d. only found through tradition. e. the logical aspect of science. Epistemology is best described as a. the science of knowing. b. the discovery of reality through experimentation. c. the discovery of reality through agreement. d. tradition. e. authority. Professor Rodger...

Straighterline Business Stats Final Exam Actual Real Questions & Answers | Updated > Already Passed The main purpose of descriptive statistics is to - ANSWER : Summarize data in a useful and informative manner Which word is NOT part of the definition of descriptive statistics? - ANSWER : Predicting A marketing class of 50 students evaluated the instructor using the following scale: superior, good, average, poor, and inferior. The descriptive summary showed the following su...