Asu ecn 221 exam 1 - Study guides, Class notes & Summaries
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ASU ECN 221 EXAM 1 STUDY GUIDE 2024-2025 QUESTIONS WITH COMPLETE ANSWERS
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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., summation(x-xbar)^2 must always be______. - CORRECT ANSWER at least zero 
 
the interquartile range is_________. - CORRECT ANSWER the difference between the third and first quartiles 
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ECN 212 ASU VALUE PACK| DOWNLOAD TO SCORE A+
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ASU ECN 221 EXAM 1 STUDY GUIDE 2024-2025 QUESTIONS WITH COMPLETE ANSWERS
ECN 211 EXAM 1 REVIEW ASU 2024-2025 QUESTIONS WITH COMPLETE ANSWERS
ECN 221 ASU EXAM 1 2024-2025 QUESTIONS WITH COMPLETE ANSWERS
ECN 221 EXAM 1 2024-2025 QUESTIONS WITH COMPLETE ANSWERS
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ECN 221 ASU EXAM -1 QUESTIONS WITH COMPLETE SOLUTION GRADED A+
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ECN 221 ASU EXAM -1 QUESTIONS WITH COMPLETE SOLUTION GRADED A+
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ECN 221 ASU EXAM 1 2024-2025 QUESTIONS WITH COMPLETE ANSWERS
- Exam (elaborations) • 7 pages • 2024
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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 scores, credit score 
 
ratio data - CORRECT ANSWER quantitative AND can be ranked BUT is a fixed unit of measurement AND the ratio is meaningful 
 
categorical data (qualitative) - CORRECT A...
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