For a given set of data, if the data are treated as a population, the calculated standard deviation will be less than it would be had the data been treated as a sample.
Indicate whether the statement is true or false
Q. 2A survey conducted by a local real estate agency asked respondents to indicate whether they preferred natural gas, electric, or oil furnaces for heating their home. The data collected for this variable would be of ordinal level.
Indicate whether the statement is true or false
Q. 3Determine the equality/inequality that explains the demand constraint for the distribution center in Washington.
A) X21 + X22 300
B) X11 + X22 300
C) X12 + X22 = 300
D) X11 + X12 = 300
Q. 4What are the appropriate null and alternative hypothesis using this information?
What will be an ideal response?
Q. 5For a continuous distribution the total area under the curve is equal to 100.
Indicate whether the statement is true or false
Q. 6The data for the number of action figures sold for the past 6 weeks are 25 units, 20 units, 25 units, 25 units, 20 units, and 18 units respectively.
If 50 weightage is given to week 6, 30 weightage to week 5, and 20 weightage to week 4, what is the three-period weighted moving average forecast for week 7?A) 20 units
B) 18 units
C) 25 units
D) 21 units
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