QNT 561 Final Exam 2 (QNT 561 Final Exam 2)

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QNT 561 Final Exam 2 (Graded A+) LATEST UPDATE

QNT 561 Final Exam 2 (Graded A+) LATEST UPDATE
Exam (elaborations) • 6 pages • 2021

QNT 561 Final Exam 2 1. A difference between calculating sample mean and population mean is A. Only in symbols, we use instead of µ and n instead of N B. We divide sum of observations by n - 1 instead of n C. observations are ranked and select middle value for population mean D. There are no differences 2. Which of following measures of central location is affected most by extreme values? A. Median B. Mean C. Mode D. Geometric mean 3. Which level of measurement is requi...