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Part 1. Say "TRUE" if the statement is CORR and 1) Business statistics is the science of good decision making in the face of uncertainty and is used in many disciplines 2) Parameter Characteristic or measure obtained from a population 3) Sampling It is an item of interest that can take on many different numerical values 4) Classification of Statistics are Descriptive Statistics and Inferential Statistics 5) Limitations of statistics Deals with only aggregate of facts and not with individual data items 6) Ungrouped frequency Distribution Is often constructed for small set or data on discrete variable 7) There are Four basic types of frequency distributions 8) The most coramonly used measures of dispersions are Range and relative range 9) The three most commonly used diagrammatic presentation for discrete as well as qualitative data Pictogram 10) Class Limit and Class mark are no different results Part II: Choose the best answer for the following questions (2 points each) 1) Is defined as the sum of the magnitude of the items divided by the number of items A) Arithmetic Mean B) Mode C) Median D) All are correct 2) the most commonly used measures of dispersions are A) Range B) Quartile deviation C) Mean deviation D) Standard deviation E)All 3) It is affected by fluctuation in sampling A) Demerits B) Merits C) Range III: Match those given under Part column" B" with those given under column "A" (1 points each). "A" Arithmetic Mean 1) 2) Mode Median 3) Range Coefficient of Variation Pictogram Ungrouped (F.D) Categorical (F.D) grouped (F.D) "B" A) range of the data is large B) nominal or ordinal C) small set or data on discrete variable D) diagrammatic presentation E) less variable or more consistent F) sensitive to the size of data G) not a good representative of data H) It is not rigidly 1) affected by extreme observations

Part 1. Say "TRUE" if the statement is CORR and 1) Business statistics is the science of good decision making in the face of uncertainty and is used in many disciplines 2) Parameter Characteristic or measure obtained from a population 3) Sampling It is an item of interest that can take on many different numerical values 4) Classification of Statistics are Descriptive Statistics and Inferential Statistics 5) Limitations of statistics Deals with only aggregate of facts and not with individual data items 6) Ungrouped frequency Distribution Is often constructed for small set or data on discrete variable 7) There are Four basic types of frequency distributions 8) The most coramonly used measures of dispersions are Range and relative range 9) The three most commonly used diagrammatic presentation for discrete as well as qualitative data Pictogram 10) Class Limit and Class mark are no different results Part II: Choose the best answer for the following questions (2 points each) 1) Is defined as the sum of the magnitude of the items divided by the number of items A) Arithmetic Mean B) Mode C) Median D) All are correct 2) the most commonly used measures of dispersions are A) Range B) Quartile deviation C) Mean deviation D) Standard deviation E)All 3) It is affected by fluctuation in sampling A) Demerits B) Merits C) Range III: Match those given under Part column" B" with those given under column "A" (1 points each). "A" Arithmetic Mean 1) 2) Mode Median 3) Range Coefficient of Variation Pictogram Ungrouped (F.D) Categorical (F.D) grouped (F.D) "B" A) range of the data is large B) nominal or ordinal C) small set or data on discrete variable D) diagrammatic presentation E) less variable or more consistent F) sensitive to the size of data G) not a good representative of data H) It is not rigidly 1) affected by extreme observations

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Full Name. Part 1. Say "TRUE" if the statement is CORRECT and "FALSE" if NOT CORRECT each 1 pts 1) Business statistics is the science of good decision making in the face of uncertainty and is used in many disciplines 2) Parameter Characteristic or measure obtained from a population 3) Sampling It is an item of interest that can take on many different numerical values 4) Classification of Statistics are Descriptive Statistics and Inferential Statistics 5) Limitations of statistics Deals with only aggregate of facts and not with individual data items 6) Ungrouped frequency Distribution Is often constructed for small set or data on discrete variable 7) There are Four basic types of frequency distributions 8) The most coramonly used measures of dispersions are Range and relative range 9) The three most commonly used diagrammatic presentation for discrete as well as qualitative data Pictogram 10) Class Limit and Class mark are no different results Part II: Choose the best answer for the following questions (2 points each) 1) Is defined as the sum of the magnitude of the items divided by the number of items A) Arithmetic Mean B) Mode C) Median D) All are correct 2) the most commonly used measures of dispersions are A) Range B) Quartile deviation C) Mean deviation D) Standard deviation E)All 3) It is affected by fluctuation in sampling A) Demerits B) Merits C) Range III: Match those given under Part column" B" with those given under column "A" (1 points each). "A" Arithmetic Mean Range Co efficient of Variation 1) 2) Mode 3) Median 4) 6) 7) 8) Categorical (F.D) 9) grouped (F.D) Pictogram Ungrouped (F.D) "B" A) range of the data is large B) nominal or ordinal C) small set or data on discrete variable D) diagrammatic presentation E) less variable or more consistent F) sensitive to the size of data G) not a good representative of data H) It is not rigidly I) affected by extreme observations res
Transcribed Image Text:Full Name. Part 1. Say "TRUE" if the statement is CORRECT and "FALSE" if NOT CORRECT each 1 pts 1) Business statistics is the science of good decision making in the face of uncertainty and is used in many disciplines 2) Parameter Characteristic or measure obtained from a population 3) Sampling It is an item of interest that can take on many different numerical values 4) Classification of Statistics are Descriptive Statistics and Inferential Statistics 5) Limitations of statistics Deals with only aggregate of facts and not with individual data items 6) Ungrouped frequency Distribution Is often constructed for small set or data on discrete variable 7) There are Four basic types of frequency distributions 8) The most coramonly used measures of dispersions are Range and relative range 9) The three most commonly used diagrammatic presentation for discrete as well as qualitative data Pictogram 10) Class Limit and Class mark are no different results Part II: Choose the best answer for the following questions (2 points each) 1) Is defined as the sum of the magnitude of the items divided by the number of items A) Arithmetic Mean B) Mode C) Median D) All are correct 2) the most commonly used measures of dispersions are A) Range B) Quartile deviation C) Mean deviation D) Standard deviation E)All 3) It is affected by fluctuation in sampling A) Demerits B) Merits C) Range III: Match those given under Part column" B" with those given under column "A" (1 points each). "A" Arithmetic Mean Range Co efficient of Variation 1) 2) Mode 3) Median 4) 6) 7) 8) Categorical (F.D) 9) grouped (F.D) Pictogram Ungrouped (F.D) "B" A) range of the data is large B) nominal or ordinal C) small set or data on discrete variable D) diagrammatic presentation E) less variable or more consistent F) sensitive to the size of data G) not a good representative of data H) It is not rigidly I) affected by extreme observations res
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