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cloudddddd cloudddddd
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6 years ago
A conditional probability is also known as a posterior probability, which is a revision of the prior probability using additional information.
 
  Indicate whether the statement is true or false

Q. 2

________ are values that can take on any real numbers, including numbers that contain decimal points. This data is often the result of measuring observations rather than counting them.
 
  A) Discrete
  B) Cross-sectional
  C) Ordinal
  D) Continuous

Q. 3

Data values that have z-scores above +1.0 or below -1.0 are categorized as outliers.
 
  Indicate whether the statement is true or false

Q. 4

________ data use descriptive terms to measure or classify something of interest.
 
  A) Primary
  B) Secondary
  C) Quantitative
  D) Qualitative

Q. 5

A listing of all the possible outcomes of an experiment for a discrete random variable along with the relative frequency of each outcome is called a discrete probability distribution.
 
  Indicate whether the statement is true or false

Q. 6

________ data are values based on observations that can be counted and are typically represented by whole numbers.
 
  A) Discrete
  B) Continuous
  C) Nominal
  D) Time series
Textbook 
Business Statistics

Business Statistics


Edition: 2nd
Author:
Read 85 times
1 Reply

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

TRUE

Ans. #2

D

Ans. #3

FALSE

Ans. #4

D

Ans. #5

TRUE

Ans. #6

A
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