Ordinal - Study guides, Class notes & Summaries
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QMB 3200 MIDTERM UCF QUESTIONS AND ANSWERS 2024
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Data 
the facts & figures collected, analyzed, and summarized for presentation and interpretation 
 
 
 
Dataset 
all the data collected for a particular analysis 
 
 
 
Element 
the entity on which data is collected 
 
 
 
Variable 
a characteristic of interest of an element 
 
 
 
Observation 
the variables associated with an individual element 
 
 
 
Categorical 
use numeric or ordinal values of measurement of categories 
 
 
 
Quantitative 
use numeric (quantitative) measures 
 
 
 
The type...
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COM 408 ASU Exam 1 Questions Correctly Answered.
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COM 408 ASU Exam 1 Questions Correctly Answered. 
 
 
Sample - CORRECT ANSWER the subset of the population chosen by the investigator for study 
 
Population - CORRECT ANSWER A comprehensive well defined group of elements 
 
Researchers use ______ because it is oftentimes difficult to gather data from an entire population. - CORRECT ANSWER samples 
 
Descriptive Statistics - CORRECT ANSWER statistics that summarize the data collected in a study 
 
Inferential Statistics - CORRECT ANSWER procedur...
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Nonparametric tests, categorical and ordinal data Complete Final Quiz Updated Questions and Answers 100% A+ Graded
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Nonparametric tests, categorical and ordinal data Complete Final Quiz Updated Questions and Answers 100% A+ Graded 
 
What are parametric tests? - CORRECT ANSWER-t-test, z-test, ANOVA 
 
Tests hypotheses regarding population parameter (means) 
 
Assumptions: sample is drawn from an approximately normal distribution. Confirm with statistic tests (Shapiro Wilks; Anderson Darling), look at distribution (frequency histogram),some non-normality can be tolerate (robust against departures from normalit...
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Straighterline Introduction to Statistics Exam Questions and Answers
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Straighterline Introduction to Statistics 
Exam Questions and Answers 
Four steps in the process of statistics -Answer-1. Producing Data 
2. Exploratory Data Analysis 
3. Probability 
4. Inference 
Categorical variable -Answer-places individuals into one of several groups 
Two types: nominal and ordinal 
Quantitative Variable -Answer-represents a measurement or a count 
Two types: Interval and ratio 
Nominal Variable -Answer-categorical variables where there is no natural order among 
the catego...
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EPPP Study Exam Questions & Answers 2024/2025
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EPPP Study Exam Questions & Answers 2024/2025 
 
 
In which type of graph do the bars touch to indicate the overlapping nature of the data? 
a) bar graph 
b) histogram 
c) pie chart 
d) scatterplot - ANSWERShistogram 
 
Which scale of measurement is dichotomous/categorical and does not have a sp order, equal intervals or an absolute zero? 
a) nominal 
b) ordinal 
c) interval 
d) ratio - ANSWERSnominal 
 
Which scale of measurement would be used to measure the places achieved in a horse race? 
a)...
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Straighterline Business Stats Final Exam Questions and Answers Rated A+
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Straighterline Business Stats Final Exam 
Questions and Answers Rated A+ 
 
The main purpose of descriptive statistics is to Summarize data in a useful and informative 
manner 
 
Which word is NOT part of the definition of descriptive statistics? 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 survey results: 
2% superior, 8% good, 45% average, 45% poor, a...
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NURS-FPX 4050: Coordinating Patient-Centered Care Final Care Coordination Plan
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NURS-FPX 4050: Coordinating 
Patient-Centered Care 
Final Care Coordination Plan 
2 
Final Care Coordination Plan 
“Care coordination is deliberately organizing patient care activities and sharing 
information among all of the participants concerned with a patient’s care to achieve safer and 
more effective care. This also means that the patient’s needs and preferences are known ahead of 
time and communicated at the right time to the right people. This information is used to provide 
safe...
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Pearson Edexcel Merged Question Paper & Mark Scheme (Final) October 2023 Pearson Edexcel International Advanced Level In Biology (WBI15) Paper 01 Unit 5: Respiration, Internal Environment, Coordination and Gene Technology
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Pearson Edexcel 
Merged Question Paper & Mark Scheme (Final) 
October 2023 
Pearson Edexcel International Advanced 
Level 
In Biology (WBI15) 
Paper 01 Unit 5: Respiration, Internal 
Environment, Coordination and Gene 
Technology
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Dr. Gramling BUAL 2600 Final Exam Questions and Answers 2024/2025
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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...
![C3E: Quantitative Principles in Compensation Management Quiz | Questions with 100% Correct Answers | Verified | Latest Update 2024](/docpics/3979585/6571af3b1d557_3979585_121_171.jpeg)
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C3E: Quantitative Principles in Compensation Management Quiz | Questions with 100% Correct Answers | Verified | Latest Update 2024
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Why do compensation professionals collect & use data? 
(A) To support personal agendas 
(B) To respond to stock price volatility 
(C) To improve changes of making sound decisions 
(D) To replace the need for modeling - (C) To improve changes of making sound decisions 
A true, absolute zero exists for which level of measurement? 
(A) Nominal 
(B) Ordinal 
(C) Interval 
(D) Ratio - (D) Ratio 
Salary is an example of which level of measurement? 
(A) Nominal 
(B) Ordinal 
(C) Interval 
(D) Ratio - (...
![C3E: QUANTITATIVE PRINCIPLES IN COMPENSATION MANAGEMENT |REAL | Questions with 100% Correct Answers | Verified | Latest Update 2024](/docpics/4075905/6585f0e4f10d1_4075905_121_171.jpeg)
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C3E: QUANTITATIVE PRINCIPLES IN COMPENSATION MANAGEMENT |REAL | Questions with 100% Correct Answers | Verified | Latest Update 2024
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C3E: QUANTITATIVE PRINCIPLES 
IN COMPENSATION MANAGEMENT 
|REAL | Questions with 100% 
Correct Answers | Verified | Latest 
Update 2024 
Why do compensation professionals collect & use data? 
(A) To support personal agendas 
(B) To respond to stock price volatility 
(C) To improve changes of making sound decisions 
(D) To replace the need for modeling - ANSWER (C) To improve changes of making 
sound decisions 
A true, absolute zero exists for which level of measurement? 
(A) Nominal 
(B) Or...
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