Categorial variables - Study guides, Class notes & Summaries

The Modern Business Data Analyst A Case Study Introduction into Business Data Analytics with CRISP-DM and R 2024 with complete solution Contents Preface....................................................................................................................................... vii Solving Business Problems with Business Data Analytics................................................... vii R for Business Data Analytics .................................................................

BSAN 160 Exam Questions and Answers Enterprise Resource Planning (ERP) Systems - Answer-a software system that integrates information from across the entire company and facilitates sharing of the data throughout the firm Structured Data - Answer-easier for computers: categorial or numerical Categorial Data - Answer-classify information into categories; nominal and ordinal Numerical Data - Answer-if meaningful arithmetic can be performed on it; interval, ratio Nominal Data - Answe...

Probability sampling - ️️Sampling where we know the chance that each element in the population will be included in the sample Judgement sampling - ️️Samples in which a person who is extremely knowledgeable about the population selects population elements he or she feels are most representative Data - ️️Facts and figures from which conclusions can be drawn Data set - ️️The data that are collected for a particular study Elements - ️️May be people, objects, events, or oth...

Determinants of population health correct answers An event or characteristic or other definable entity that brings about a change for better or worse for health e.g. age, gender, ethnicity, income Autonomy correct answers Able to make our own choices Empowerment correct answers Measures designed to increase the degree of autonomy and self-determination in people/communities in order to enable them to represent their interests in a responsible and self-determined way Inequalities correc...

categorial variable - Answer- any variable that can put in to groups. Examples include gender, class in school and color quantative variable - Answer- actual real numbers. This means if it is 2 it actually means 2 something. Examples include age, weight, and GPA. identifier variable - Answer- records a unique value for each case, used to name or identify it bar chart - Answer- A categorical univariate display of data that puts the counts in to bins that look like bars. The bars have no ...

AP Stat - Chapters 1-4 - Multiple Choice - Cumulative Testthe following histogram represents the distribution of acceptance rates (% accepted) among 25 business schools in 1997, what % of schools have an acceptance rate above 40% - correct answer know how to read a histogram (variable vs. freq, fraction -> %) you want to use numerical summaries to describe a distribution that is strongly skewed to the left, which combination of measure of center and spread would be the best to use (mean an...

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 answer Prescriptive What are two reasons for increasing the use of analytics in organizational decision making? - correct answer 1. Relatively lower cost of computer storage 2. Higher computer processing power How does probability theory inform decision making for managers? - correct answer By quantifying risk Which type of dat...

AP Stat - Chapters 1-4 - Multiple Choice - Cumulative Testthe following histogram represents the distribution of acceptance rates (% accepted) among 25 business schools in 1997, what % of schools have an acceptance rate above 40% - correct answer know how to read a histogram (variable vs. freq, fraction -> %) you want to use numerical summaries to describe a distribution that is strongly skewed to the left, which combination of measure of center and spread would be the best to use (mean an...

The following weights were recorded for children in a pediatrician's office:93, 84, 70, 48, 59, 66, 88, 94, 84, 67, 74, 58, 82. The analyst wants to see the distribution of the weights, but still be able to see the individual values.Which method of display should be used? - correct answer stem plot The following heart rates were recorded for patients in an intensive care unit:98, 88, 74, 83, 76, 99, 81, 73, 60, 66, 88, 94, 73, 82, 95, 85, 76Whic...

WGU Data Driven Decision Making Pre Assessment 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? -Prescriptive What are two reasons for increasing the use of analytics in organizational decision making? - 1. Relatively lower cost of computer storage 2. Higher computer processing power How does probability theory inform decision making for managers? -By quantifying risk Which type of data ...