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JDExtol JDExtol
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Posts: 350
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6 years ago
Nonparametric statistics can be used for data that is at the nominal or ordinal level of measurement.
 
  Indicate whether the statement is true or false

Q. 2

The random component is not part of the forecasting equation for multiplicative decomposition because randomness, by definition, cannot be predicted.
 
  Indicate whether the statement is true or false

Q. 3

The process of recording information from the entire population is known as ______________.
 
  A) collecting a sample
  B) resampling
  C) a bootstrap
  D) a census

Q. 4

A ________ is defined as the probability that the interval estimate will include the population parameter of interest, such as a mean or a proportion.
 
  A) margin of error
  B) confidence level
  C) significance level
  D) confidence interval

Q. 5

Parametric statistics are procedures that rely on fewer assumptions about the probability distribution for a population of interest than nonparametric statistics do.
 
  Indicate whether the statement is true or false
Textbook 
Business Statistics

Business Statistics


Edition: 2nd
Author:
Read 87 times
1 Reply

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Replies
wrote...
6 years ago
Ans. #1

TRUE

Ans. #2

TRUE

Ans. #3

D

Ans. #4

B

Ans. #5

FALSE
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